All Forum Posts by: Michael Dunbar

I cannot say as to the operation of the equipment however I can say with first hand experience that their customer service is terrible!! I ordered mechanical timers and bluetooth modules back in September. Paid in full just about $800 and was told only after ordering they didn't have them in stock and it would be a couple of weeks. Fast forward a couple of weeks and it was a couple more. Then was told all the parts had arrived and were being shipped but could not get a ship date. Then was told by another rep. Orders were being shipped by order date and mine was near the end of the month and would ship the end of Oct. Fast forward to November 29th and emailed again. Was told they will "look into it" Two days later was told it would be another 2-3 weeks to ship. The only thing they did in a timely manner was refund my money!

Part of their income is based on interest they receive on the delay between taking the money from your tenant and delivering it to your bank over 3-5 days multiplied by thousands and thousands of customers. Looks like they do the same thing with landlords as well. If they were interested in growing their network and running an honest and forthright company they would get more respect just saying we can't get the produce or we can't serve your needs at this time and offer to call/email you when the product is truly available.Now looking for other options such as Shinepay. 

I retired from my current career at the end of 2021 and will be managing 2 of my rental properties 100% while having a company managing a third rental out of state. My wife still works full time. Between the two properties there will be well over 750 hours and because I have no W2 going forward the 50% rule should not be an issue. 
I purchased a 2 unit residential unit in August of 2021 and am looking for advice on cost segregation/depreciation and the advantages/disadvantages of taking the depreciation in 2021 or waiting for 2022 and doing the study in the first full year 
IF I qualify as a professional in 2022. I believe I can request an IRS change of depreciation notice to do so?

All 3 properties are cash positive so I am looking for the most effective and beneficial way to carry a depreciation loss against my gains and free up cash for future purchases  

If I qualify as a professional in 2022 and our combined income is less (under100k) because I retired, would it make sense to wait?  

Appreciate your thoughts!

Mike