New Home: I would need to dump some of my brokerage accounts for the downpayment(so some capital gains taxes would need to be paid to finance the downpayment on the new house) or if I sold our "current residence(2nd home)" I wouldn't need to.I understand the tax incentive of selling within 5 years of living there for 2 years, however, the cash flow seems larger then what I would get taking the money and investing in new RE in the future. 

He narrowly escaped the property tax sale on his primary home a few weeks ago.  

I work with a handful of investor friendly lenders that don't require W2s or tax returns (lending is based on the property not the borrower) but am always exploring new avenues.

Does that include taxes and insurance? 

They designed a very nice postcard for me and i sampled a batch of about 1500 postcards to a list I provided to them.My results....7 responses (0.46%).The list was Out-of-State owners I pulled from the tax records, of which I got about a 13% response rate using yellow letters.I'm not going to say anything bad about them, I just don't think postcards work well for finding motivated sellers in my area.

Not to mention I got to write off over $175k from my income taxes using a cost-segregation study.  

I have a fund seeking to make section 8 investments on 4 or fewer unit properties in landlord and tax friendly states such as Nevada, Florida, South Dakota, Utah, and Tennessee. 

My question is what is the best way to set up out LLC, and should we be taxed as an S-Corp? 

I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires.

While that is a huge jump in deductible, my thinking is that we should avoid submitting any claims anyways since that would likely result in premiums being jacked up the following year or even droppage of coverage.Does this make sense?