Let's connect if you're in the DFW area or like investing in Texas projects!  

99 percent of the time someone is selling a project mid-construction or after gut, it's because they already spent too much on it and know it won't work.

This will allow the team to develop and review project processes and management strategies to move forward with more challenging, yet rewarding, properties.I come from a very process-oriented background (Mechanical Engineering), and my goal is to learn and develop each step of the process, from start to finish, to continuously improve the team and ROI of each project. 

Here is a fresh example, and it actually came from another tax firm (not mine) specializing in real estate.Let me briefly tell you why I crossed out their pitch:Strategy 1: depends on your 2025 projected net income vs your 2024 net income, among many other factorsStrategy 2: can backfire amidst the uncertainty of future tax rules regarding bonus depreciation, and also ignores alternativesStrategy 3: no rush to do it before December 31stIf you decide to continue reading, I will give you a high-level overview of the most common EOY tax strategies, obviously without an actual discussion of each one.

It keeps each set of books separated and allows for quick analysis of each building.

I know its not what you intended when you made the investment, but holding on if the neighborhood is as bad as you described and doesn't project to have any appreciation events forthcoming is no better.

Hey @Tyler Jahnke - can you provide an update on your Morris Invest project?  

Make sure you are sold on the particular project to get a level of comfort.Past projects might have been A to B areas where upside was greater and risk was lower.

Your background as a licensed architect with experience in commercial and residential projects is an incredible asset, especially here where so many members are navigating construction, renovations, and design challenges.Out of curiosity, have you worked on any projects that were particularly challenging or rewarding?

@Carrie Young Excellent analysis.