So knowing your numbers before looking at properties is huge or bring your contractor with you when you look at properties so as to not waste any time!

Build a team with all that time in the morning and and the time you have by walking up early etc. 

Bonus depreciation is a one-time election per asset at the time of acquisition.

If you can't identify why an investor would want to buy it - you'll likely have a hard time moving it

I’ve run into this many times on deals I acquired and rehabbed utilizing hard money.  

Most of the time, an ADU will cost 100k just for that part and then you have to actually build the cosmetic part for an additional 40-50k. 

It's exciting and can be overwhelming at the same time! 

Nope, time to read a book on RE!

.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

First time reading this term.