@Alex Goldovsky thank you so much for this very detailed and on point response, very helpful, it gives me some assurance about the company, I’m still doing my research, I have a call scheduled with them today.

We have a new construction home scheduled to be completed by the end of November.

Very high property tax rate, crazy high water bills, choking regulation, and bad tenants.

We plan to deduct 1/5 of the total ($2444.80) on the Schedule E for each 1-BR unit.

I am looking to purchase a property in 35749 zip code in alabama, am trying to calculate property taxes and insurance, I got some estimates from my realtor ,just want to do my due diligence and check them, am using the below to calculate the property taxes, it shows .45% and do you have any contacts I can call to get a property insurance quote?

All the benefits of living near CA but no state income tax.

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $182,900.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Therefore, there is no real tax benefit to having an LLC.You may also want to have a discussion with your attorney on the real level of protection you would receive from this strategy in your state. 

if you can manage to live in it and rehab it over time, then if you live there 2 of the last 5 years prior to selling it the gains are tax free up to a certain amount. 

It is very hard to find a lender that will help include this income prior to it being on a tax return for 2 years.