Option 2: I found a house that the asking price is 930k , but I’m sure I can get a discount on it because it needs a lot of work , it doesn’t qualify for traditional financing , so I would need to take a hard money loan , it needs about 150k worth of work , the plan would be to offer the full 930k asking price but ask for a 6% seller concession , I calculated 20% down payment and 7% closing cost , so total after seller concessions comes out to 21% down payment which is $195,300 .

The seller was motivated to close quickly, and we negotiated a favorable price of $80,000, allowing us to secure the property at a discount and capitalize on its renovation potential.

They all have software and it just generates a Schedule E.You could hire someone who specializes in Bonus Depreciation.

I chose it because of the low price with the Bigger Pockets discount. 

Enter all of the info into your software ASAP so you are ready.4.

I used a software named LandVision/Lightbox that helps me a lot.

They're integrated with our property management software, Innago, so that makes it pretty easy for us to screen our tenants.

If the numbers don't match what you think you would like to make on a property, then either you need to discount the asking price to get there or pass on the property.My second thought is what you're feeling and others have highlighted - no everyone is in the business to make it fair for both sides.

New to RE investing , can I claim taxes fees on RE mentor/coaching, including Real-Estate software system package as RE start up Business cost? 

Well, I'll repost here what I originally did in response to the email from Vrbo that some people got saying Vrbo was giving a promotional discount to prospective guests, and hosts could opt out if they wished.