I'm a bit further up the tax brackets and the tax savings could be substantial when buying more expensive properties thanks to the larger depreciation expense. 

Would it be possible for me and him to buy a new primary residence for him to live in, while we rent the house he is currently in.

My insurance agent said it’s a lot cheaper to spring for a full year policy then get a refund after you finish then to buy the short month policies.

Are you looking to buy this home for you to live in or to rent out?  

Hi all, EU based investor here looking to do flips and buying rental properties.If we form an LLC with a mix of resident and non-resident members, will FIRPTA apply?

You can always consider buying down the rate, but the reason we don't recommend it right now (and the reason I didn't in December) is because your recoup period on paying points in generally 3-4 years right now.

Which frankly I don't buy as an explanation.

Investment Info:Single-family residence buy & hold investment.

However, in recent years, I've seen this used as a methodology of raising money to buy low barrier of entry real estate and make sponsors very wealthy collecting fees while leaving the LP's with nothing but capital calls and suspended distributions.

You can buy a BUNCH of insurance for that.I personally like having an LLC, but if it would save me $850 per month on each house I own I hold them all in my personal name lol.