Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

Any/all insights are valuable here!

Establish long-term relationships with them.My career has been a wild ride of experiences and oh-so-valuable lessons.

It's generally a useful tool for an investor who is estate planning and has a step-up in basis event on the horizon and can liquidate out of the REIT easier than out of the traditionally held property. 

Thank you in advance to everyone who can provide some valuable advice and I am super stoked to getting started in my Real Estate journey! 

BP is a convenient tool for that because it's more transparent and usually the best advice gets the most votes.

These are great for setting expectations and as management tools (especially, if you actually set those amounts aside), but they aren't ACTUAL cashflows (even if you do set them aside).

The BRRR method is a favorite for scaling, and I’m sure you'll gain a lot of valuable insights as you make that transition.

The next one will go smoother than 4 months to close, but I guess in this market, fixing someone's headache is extremely valuable.