Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

You qualify for the loan by the rent revenue the property brings in and there is no revenue coming in from a product that is under renovation or being built...

It is equipped with the following: - Office - 2 mechanic bays with lifts - 1 bay for mobile detailing  - Car lot for 70 cars Lot of ideas go through my head but figured i would reach out to the BP community.

With a remarkable three-year revenue growth of 2,326%, it’s no surprise they’ve made such an impressive mark.RentRedi has been on fire this past year, hitting milestone after milestone—from expanding their platform with new features like RentRedi Credit Boost to forming a groundbreaking partnership with the National Association of RealtorsⓇ.As part of our BiggerPockets community, we love seeing our partners succeed, especially when their growth reflects their commitment to helping landlords and renters thrive.

When I talk to loan officers they say a DSCR loan would be ideal for even a newer LLC because it's more about the numbers on the deal as long as you have the cash for the average 20% and whatever points down.

Got turned into the AG and one group got nailed criminally I also had FBI in my office about another investor who did this as a financial predator he got prison.So in my mind this is going to  play out again with Sub to being taught to the masses and people being people vast majority are honest of course but there will be predators mark my words on that.

It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices.

Reaching out to local housing authorities, community development offices, and financial institutions can help you identify which programs best fit your needs.

Just make sure that transferr gets recorded with the tax assessor's office.

I have three homes listed right now that have great revenue form STR.