They aren't the most popular in many places, but if it works in the area you are in then it shouldn't be a deal killer. 

@Daniel KongAn LLC is a legal entity type not recognized for federal tax purposes. 

The Manager shall cause to be prepared at least annually information necessary for the preparation of the Members’ federal and state income tax and information returns.

@Jingwen DunfordSoliciting investments is an activity subject to Federal or state securities laws.

1) popular opinion  says you’d need to keep it as a rental for 1-2 years before doing a 1031......but, you would Not want to do this unless the property was a rental for years Before it was your primary, because.....2) as your primary residence, you can sell and any gain is Exempt from taxes, up to $500k in gains for a married couple, irs section 121. 

I explained what the chimney inspection company said the  issue was- he asked if it was a specific popular chimney inspection companies- I said yes it was, he then said, I bet they offered to fix it for $8,500, right? 

This is a unfenced SFH within  a mile of one of the largest Army post in the country and Pits are very popular here.

That seems to be the most popular and profitable route to start, also teaches you a lot along the way.

You would think since it’s a federal program filtered through the states it would be the same throughout the country.  

@Anthony Wick I probably figured out the tax rate naively -- I looked at my Federal Return and divided my Total Tax (line 15) by Taxable Income (line 10).