Hello BiggerPockets Community,The real estate landscape is continuously evolving, and staying ahead of the curve requires innovative thinking and strategies.

Maybe that is one of your interview questions.If you are very top producer there can be some advantages, like employing your kids, SEPs or retirement plans and maybe if you have a big team some shield of liability if you set it up right and practice what your attorney teaches you to do to keep everything separate.

@Jaron Walling What's the best way of knowning/calculating whether the renovations made will produce a positive cash flow after moving out?

Our livelihood depends on the volume of deals that we produce so existing deals where most of our capital is tied up are priority.

There's several cities not discussed on here that I am investing in and I see other large individuals invest in that do not fit the cash flow $500/mo in the philosophy, but I'd take over almost any area that's producing legit cash flow.

My job is to make repairs and get the place lease optioned so it is producing income to cover the interest payments I need to make to the lender.

I believe they also used section 121 for the house portion of the farm that they lived in, and divided out the income-producing part of the farm for the 1031.

KBKG also offers FREE audit support and FREE use of their 481(a) depreciation software which produces the attachment schedules that are needed to file the IRS Form 3115.

KBKG also offers FREE audit support and FREE use of their 481(a) depreciation software which produces the attachment schedules that are needed to file the IRS Form 3115.

A qualified engineer does a site survey to fully document the assets then a team of engineers does a 100% property breakdown using all 32 primary divisions of the building code to produce an accurate report that includes all elements of a quality cost segregation study per the IRS Cost Segregation Audit Techniques Guide with a ready to File Form 3115 if needed.