Put together an apartment complex for rent could work for this scale. 

The laws are extremely complex and varied from state to state.

I'm doing the analysis for my first apartment complex - fingers crossed!

They may help you avoid going into your personal pocket to pay closing costs altogether, and the benefits of hiring an attorney come clearly into focus once the complexity of the closing process sets in.

If your business paid for something to be used for many years and is relatively expensive, say a $100,000 excavator, you spread the $100,000 deduction over 7 years, aka depreciate it over 7 years.You can then dive into more complex aspects of depreciation:why 7 years?

We recently went through multiple code items for one of our apartment complexes and we ran into the lack on communication in the office.  

It's a little complex as to be applied properly the study must be done by a construction engineer trained in cost seg and applying the hundreds of pages of tax code pertaining to depreciation.

The real estate development side of the house is very complex that involves a lot of legal and procedural steps to make it happen.

It has tons of great information and may help clarify some of these complex topics.Best of Luck with Your Real Estate Investments!

Fast forward 12 years... two of the original tenants (without pitbulls) still reside at the complex.