The WEC has had to fight with HITS and USEF (United States Equestrian Federation) the national governing body for equestrian sports, to be able to host hunter/jumper horse shows due to mileage rules.

Has anyone mentioned that the Federal Government does not recognize single member LLCs and they actually give you much less protection that you think? 

I’ve never run a boarding house, so I’m not super familiar with how state and/or federal laws would treat that.

If the client is self-employed or they own other real estate, you'll want to ask for a copy of their two most recent Federal tax returns - all pages/schedules (you shouldn't need the state tax returns).   

A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

It looks to be a true 50/50 split based on square footage, so eventually when you go to sell you will be taking 1/2 of the property and applying the federal tax exclusion under Section 121 and the other half will be treated as a capital asset subject to capital gains.

.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

Matt is correct, federal privacy laws AND our agreement with our screening provider, don't allow us to share confidential information with anyone outside our company. 

Register the number with the Federal Trade Commission. 

Know the architectural styles of Federal, Italianate, and Renaissance and share with neighbors, get them to care.