You're on the right track considering using depreciation to offset your 2024 capital gains, but there are a few important details to consider.

I am purchasing a property in Ohio and since I am unrepresented by an agent I am debating having the listing agent represent me as well.What do you think are the pros and cons of purchasing a property with dual agency? 

They do not have the skills so these one offs that go way off track is their business, they know you'll never work with them again. 

I do keep track of all my time and mileage.

Essentially, when they send the leads, there is no reference to where they came from or the URL to the lead source, making it difficult on our end to track. 

CCIM, SIOR, and all of the other designations you can amass never teach you how to pick up the phone and prospect for leads, track down growing/expanding businesses to convert to clients, how to manage tenants in a retail strip center, or do the myriad of other daily activities required to be a good commercial investment broker/owner.

If you’re confident in these numbers, it could help mitigate the risk.Exit Strategy: Your plan to refinance after construction is solid, but keep an eye on where interest rates are heading and ensure the cash-out refinance will cover the HELOC without leaving you in a tight spot.It sounds like you're on the right track, but if you're still feeling uncertain, it might be worth consulting with a local real estate professional or financial advisor who can help you analyze the deal further.

Either way, you are going down the right track.

It might be a good idea to talk to a local expert to make sure you’re on the right track.

Story allows for manual expense tracking towards the bottom of the main dashboard.