If I purchase an investment property with an LLC can I still take advantage of the STR bonus depreciation?  

When I sold the house 120 days later, I noticed a $14k charge for lender-placed insurance on the closing statement.I reached out to the lender and provided proof of my coverage during the loan period.

I have invested in C class properties.

I would like to invest in the Shreveport area.

Besides the benefit of the forms, I do not think the money is well spent) or MLS membership (approximate $190/quarter, which is useful investment)- Brokerage has no trust fund/escrow account.  

But my tax accountant said it should be considered as portfolio investment income, not passive income.

Hey Paul, congrats on pulling the trigger on your first property.I'm also in CA (on the central coast) and invest out-of-state (Detroit).

My wife and I have been doing an MTR-exclusive startegy for 3.5 years, and we still have a hard time figuring out how to predict vacancy, especially in a new market that we're considering.If we look at FF's (pretty crummy) data on their website we either see very few listings, so we think "no one is investing here; bad" or we see a lot of listings and think "too much competition; bad". 

Investment Info:Condo other investment in Worcester.

I invest mostly in SFR but also invest in MF through syndications.