It's worth considering my tax position if I were to finally close late in 2025 at 40% bonus depreciation or 2026 at 20%. 

I started in Real Estate last year with Tax Deeds and flipped a couple parcels for profit, then as I researched more, found and fell in love with House Hacking, specifically with small multifamily, as a mean to create cashflow and eliminate my biggest monthly cost: my mortgageI currently have a Single Family Home in Haines City, FL which has gain good equity and I can probably net around 70k by sellingMy goal is to look for a Quadplex in Orlando FL or within 2h driving, just so I can drive and see the properties realistically. 

I don't feel confident enough to buy out of state and the property taxes/interest rates/home prices are so high anywhere around me.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I am the co-host of a tax planning and strategy podcast.

If you have access access to an 'Asset Protection Attorney" (Local), this is a good question to ask him/her.And also be sure to ask your tax person about the cost for maintaining either structure (accounting, tax, quarterly filings, etc...).Everyone always wants 'The Best", but (for instance) a Rolls Royce is considered one of the best, and it COSTS a lot more then a "Used Camrey".Getting expert advice on your personal situation is always best, vs just winging it based on someones response to an internet post.That being said, a Living Trust can own an LLC, but if that setup triggers an added tax return or two, IRS State and Local ($$$) is it the best choice.Which cuts down a tree better; a chainsaw, or a beaver?

To show the hard money person- you need it sitting in a checking account.0% start rate for say 12 months then the rate jumps to 24% or $1601 a month plus your hard money loan, taxes and insurance.

You should do something like this in cooperation with your accountant because you don't want to mess up your taxes and have to pay for something you shouldn't be paying for. 

But there's more paperwork and rules to follow.Think about how comfortable you are with risk, what you want to do with the property, how taxes will work, and if you're ready for the extra work an LLC brings.

Reno is a booming city with tons of tax incentives being offered to businesses and of course the tax free status offer to owner-occupants.