Entice brokers with a ridiculous signing bonus for the next 90 days.  

Connect with me for more details.Total Acquisition: $16,595,000EMD: $500,000Property Type: Single Family Rental Neighborhood (OKC area)Status: Complete on COUnits: 72Financial Benefit for Investors:Tax Savings in 2023 (Bonus Depreciation): $2,697,715Untrended YOC: ~6 CAPEMx: ~1.73-1.83IRR: 37-73%Hold Period: 1-3yr Peter

You can't compare apartment buildings with NNN one is active and one is passive with the right lease, location, and tenant.Most of my clients are buying single tenant right now because of a 1031 exchange or they want bonus depreciation tax benefits etc. 

I also looked at syndications with bonus depreciation to negate cap gains, but I would still have to pay 10% CA tax and you cannot bonus depreciate forever.   

My plan is to see if he will let ME reno the house, HE sells it, and then he pockets the before work value (plus a 10-15% bonus) and I get my renovation costs back and the profit. 

Main Floor: 3 Bed + 1 bonus room in basement + 2 Bathroom + KitchenBasement: 2 Bed + 1 Bathroom + KitchenWould like guidance, should proceed for deal ?

Sometimes you can get "extra" tax benefits like bonus depreciation on funds, if it is even a variable that matters to you. .

Bonus to this is that you will not see the cards on you credit profile because they are in the name of the LLC, so it doesn't affect your DTI or credit score besides the initial credit check.Otherwise, if it is a good enough deal, you may be able to find a private money investor that wants a strong yield and is willing to lend you the money with a second position lien on the property.

IF a property has been purchased a couple of years ago, and a regular depreciation was taken for 1 yeaer, ( ie. 27.5 year depreciation), in year 2, can you do a cost segragation, and take the bonus depreciation in the 2nd year?

Can deduct all of the furniture with bonus depreciation in either option?