While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.There's this thing called Hierarchy of Tax Authority that CPAs and Tax Attorney's reference.Let's not get too carried away with comments like, It serves as a guide and cannot be used, cited, or relied upon as an authoritative source....

If you aren't close to the property having a solid “what if” emergency person helps.

Confidence.Real estate confidence can come from networking with other real estate investors at meetups and realizing that most investors aren't on social media.

Owner’s draws aren’t typically taxed directly, but any gain or capital distribution may have tax implications, especially if the amount withdrawn exceeds your basis in the LLC.4.

This form of lending is stupid to engage in, if they have 5-7 deals and don't have $25k-$35k in capital to do it then they clearly aren't succeeding with Pracer's "teachings". $25k-$35k is a joke to enter real estate with.There's very little reason to engage in transactional "gator" lending.

And economically, they aren't wrong, that would be the highest and best economic outcome from a valuation perspective.

We fund EMDs and Double closes on wholesale deals for a fee.for example if you are double closing a property worth 250k and selling it to an end buyer for 300k, you need the full 250k upfront and we can fund that amount. how much yall charge and in what states do you use lend to  States aren't a limitation.

In my experience, banks aren't generally interested in financing the acquisition/rehab of a residential investment properties, but rather they prefer to refinance your HML once the property is stabilized.

Research the appropriate laws for your property and follow best practices to avoid any discrimination accusations: use the same criteria for everyone who applies, know what the protected classes are, which questions are legal to ask and which aren't, and only deny applicants for legal reasons etc.

In Reno, NV we have an economic development authority that actively recruits companies from CA (Tesla) and tracks job and demographic data.