I may have missed something in my research, but I thought you hired an outfit that was qualified and experienced in cost segregation analysis, which was costly, and they developed a detailed plan to accomplish the tax savings.

It all depends on what you want to accomplish.

We've done a lot of work to our house since purchasing (FHA 3.5% down) and will be refinancing soon to remove PMI and will be profiting $200-300 a month on top of our Mortgage, Homeowners insurance and taxes being paid off.I'm working with several buyer in the Bay Area looking to do exactly what you’re are trying to accomplish!

.), do your homework in advance and you will be amazed how much can get accomplished with even part time commitment.

I can say that I wish you the best of luck and I have a feeling that we will be hearing a lot about JD Randall and all that he has accomplished in the future.

What beginning steps will set me in the right direction to accomplish this? 

That would accomplish the letter and the purpose of the law and give you the benefit of truly being two different companies. 

You'll have to accomplish something like this is phases, where perhaps you cut back the existing joists to a point, to allow you to get the existing rim joist out and slide a new one in, before taking the entire existing joists out.Don't forget though that the further you cut your joists back from the load bearing wall that sits on top of the rim joist, the more risk of that weight not being properly supported exists.Also, keep in mind that now-a-days you have to use something called SILL SEAL which will help water penetration up on the sill plate (you haven't mentioned this but this is usually the board that sits right on top of the masonry/sill).Also, FIX the ROOT CAUSE (water penetration) of the issue!!!!!!!!!!

Seller financing is usually for less desirable, hard to finance properties, or situations where the seller want to get an above market price and by opening the market to buyers who wouldn’t qualify for financing, is able to accomplish this.Investors seeking owner financed deals are always trying to sell the seller on tax advantages, a steady cash flow, better than bank interest rates, etc.

@Paul Sandhu If only we could all deliver the level of customer service and 5 star experience you accomplish for your guests!