You'll also have a "buying tenant" in both units, so vacancy should be down and the property will be better maintained over the term.Tax wise, you can do either in a passive or active manner and split deductions accordingly.I would think that there would be many business owners who would like to get in on lower RE prices now, but can't since they may well be concerned about operating capital and not seeking to put a chunk of cash in a building that will take some time to recoup that investment from the differences in renting.I mentioned buying as a partner, you can do that or you can go it alone, buy it and immediately put your buyer in under several methods so you regain that up front money for the next deal.

If an S-Corp has an excess of capital that it would like to avoid being taxed on can it invest it with a Real Estate Investment LLC and deduct the expense?

Something that maps ALL (not just income) taxes levied in those countries to GDP per capita.

Appreciation in the area may help out with the purchase price as will tax deductions.

No expert, but if you pay him hourly the IRS is going to consider him an employee.If you contract him, you are OK and you can deduct the cost given you file a 1099.You can deduct $600 per person (friend) without filing a 1099.hope it helps.

They should do the same thing with the tax deduction for health care.

Likewise for taking loans or early withdrawals from retirement plans (not the same as SDIRA), although if you go this route you will need to deduct penalties for early withdrawal and for paying income taxes in the year the money was taken out (so the entire amount in retirement funds cannot be considered, but something like 60% of it can).So, you might actually be sitting on some "reserves" without even realizing it.

Both governments and homeowners associations, or condo associations if you are a condo-dweller, can levy powerful—and sometimes incredibly strange—restrictions and requirements."

It is really a Medicare surcharge on investment income (which also includes dividends, interest, and royalties) levied on high income tax payers.

If I rent a condo out, I could deduct the $3600 per year in HOA fees, and I would only have to worry about the inside of the condo.