like propstream because of use but you be better off using library resources with insurance classification to pull mhps.

Key Points:Asset Re-Classification: Tangible assets are classified into shorter-lived asset categories.Increased Cash Flow: Accelerated depreciation provides immediate increased tax deductions, leading to improved cash flow.Eligibility: Most commercial buildings and residential rental properties acquired, constructed, or renovated since 1987 are typically eligible for a cost segregation study.Comment your thoughts on Cost Segregation!

Where does Westerville, OH fall into your neighborhood classifications?

Naturally classification can change with taxpayer use.

You cannot possibly know whether you are buying a good deal or a bad deal if you do not know the classification of the neighborhood. 

You can take a 10-day class (two weeks M-F), 8 hours per day, or a 12 week class.  If

We use Quickbooks and allocate the expense to the particular property by class. If

so let's see how it goes I will update you guys once I start submitting deals and buying properties (which I still am not clear on how to do, threw them) but hopefully i will find out tomorrow and will let you know.. but if I knew what I knew now I would buy books on investing in properties, and if you have the money to do it on your own don't even bother signing up for their $2000 three-day 100% moneyback guarantee class..if you do everything they say you're supposed to and don't make your money back they refund it, so I thought that was a win-win, and you might want to try that if you can't afford to put up the money to invest in the properties..

We used algorithms and math to create rules to classify areas...this is a very scientific journey...and my B-class is probably significantly different than most...so, I think the fundamental question is what makes a B-class location B-class...It's also important to note the structure...even using the simple class factor...a 200 year old property with a stone foundation in an "A-class" neighborhood may turn into a cashflow killing money pit...Best of luckGreat point, the classification can apply to the asset as well as the location.

For example, MMLLCs will generally run $1,200+ in tax prep costs whereas a SMLLC does not file a separate tax return and thus avoids tax prep costs (for the most part).To scale an entity structure without incurring high costs, you and your partner may form a MMLLC that then takes 100% ownership stakes in subsidiary SMLLCs that own the properties (assuming you aren’t syndicating).Or you may start a real estate fund that is a MMLLC with various share classifications.