In a way, depreciation creates a disconnect between the tax code and the economic reality of real estate.Some argue that depreciation accounts for wear and tear.

I've talked to a few tax accountants and attorneys about it and some are open-minded, while others are convinced that they are a complete sham (though they actually know very little about them).I'm curious if anyone on here has actually seriously considered using one or actually used one? 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

- Our background check system flags the SSN as being issued after 2010Also, how DEEP is the accounts supporting the credit score?

I think it will meet long-term demand since new construction starts in the past 1-3 years have dropped off a cliff, so new supply coming onto the market from 2025-2028 will be significantly lower and allow for absorption of everything and most likely we'll start to see organic rent growth again in the 2-8% range as we saw in 2016-2020.

I just subscribed to Pro, but I seem to have 2 different accounts: one for this part of the site and another for the store.

A few tips: maintain a solid credit score, organize your financials (especially your proof of funds), and be ready to show that you have a solid plan for your investments.

For residential mortgage, an LLC needs two years of its own tax returns or occasionally, a local credit union where you have an account will ok it.The bigger question is about your partnership.

Below are some important things for you to be mindful when you have to file a partnership tax return1) A partnership return generates a form K-1 that each investor will need to complete his / her tax return.Will the accountant be able to complete the tax return by April 5th to give the investor/partner enough time to file his individual return?

Their fees are giving me a little pause since they charge a percentage of the amount in the account and additional fees for each transaction.