Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $1,629,844.Through the cost segregation study, they were able to reclassify approximately $2M to a 5 year useful life, $2.35M to a 15 year useful life.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.

I have a great credit score, good stated income, and about 50k worth of personal credit to my name already, so it was relatively easy to get approved.

Specially, as it relates to taxes.  

However, the lodging tax is NOT included in this average daily rate. 

Will this area see a huge increase in value and rental income?

Additionally, they engage in charity work and support Christian ministries, which may resonate with those sharing similar values.Our financial advisor initially recommended SDIRA Wealth for its tax strategies, and it has proven to be a solid choice.

The life estate will spell out the obligations of the step-father (taxes, utilities, insurance, upkeep - or even a base rent that you could use to cover those costs).

Obviously, all this income will funnel down to you on your tax return, but you should have go into your LLC if you have it titled that way

I think you're right if you categorize them on your taxes as maintenance they will limit you more on a refi. 2.

It can mean the difference between having an income or going broke.