Since myself (cash, under LLC 1) would be a normal entity, could that portion of ownership gain the tax benefits of depreciation, etc that a normal investment would have?

If you have a RE license/real estate is your full time profession, you pay reg taxes on profits from selling real estate- I buy and hold for at least a year and sell some flips periodically so that is not my main business and I pay a much lower tax rate as mine are capital gains

We are mainly looking to use the property for cash flow as opposed to appreciation.

Currently, I am looking to build up my capital so I am looking mainly for fix-and-flip opportunities.

My main goal is to learn as much as I can now before jumping in head first- work smarter, not harder. 

The main issue I found was that sometimes, even though the home is abandoned, the owner still has that abandoned address with an untouched mailbox as their mailing address, so you know they won’t get your letter.

I pulled for within 0.75 miles of the main properties (All comps pulled from 0.75 with sales done within 180days) and came up with these numbers.Property 1 estimated value $910k Selling at $741k. 3/1 N.

The benefit of this over FHA is that PMI automatically falls off a 78% (or you can request it at 80%) LTV.

I am hopefully missing out on other important benefits or maybe not ?

View report*This link comes directly from our calculators, based on information input by the member who posted.Hi BP, Nat & Jocelyn here, we have been analyzing deals in our area for the last 2 months, looking mainly at multifamilies.