Personally, I'm not a big fan of offering two year leases.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.There is the obvious benefit of accelerating the depreciation, shortening the recovery period.

Here’s the background on it and what I’m considering, please let me know what you think.I’m a W-2 person using a local property manager, I love my job so I need someone else to do the work.

The person that mentioned resilient channel is correct.

I would stick with a CPA in MA and personally would look locally.

So effectively I would gain a 10% tax advantage by paying my LLC to property manage vs just taking the profits as personal income.I'm sure things get much more complicated than this, but could anyone confirm is this basically the gist of it?

I agree with you not real estate investing is not an absolute meaning that what may have worked for one person doesn't mean it will work for you.

I have probably viewed about five or six properties in person and look at realty sites at least twice a day.

As far as whether to rent or buy, it depends on your personal situation, though as it's a new area it may be a good idea to rent for the first year while you decide where you'd eventually like to purchase.

I personally live in Orlando too and invest in Ohio, but I grew up in the town I invest in and have trusted people there.I'm not talking you out of it, but perhaps try to find something around here, maybe in a area that still has homes that are reasonable like deep in Polk County or Volusia like Deltona, Haines City areas.