If you own the land outright, you can get a construction loan for labor and materials.

The vertical cost (construction cost) is consisted of material + labor + contingencies (surprises) + overhead + profit.

- Learning Resources: Recommendations for learning materials focused on Texas real estate?

This is not true real estate investing - you're investing in an investment promoter who may eventually invest some of what you send him into real estate but you'll have zero control over the investment once you send off the funds.

@Manny Rana yes we are Manny, please don't DM us as doesn't work for us:(We can't put our number here as BP will delete the post for self-promotion, so please check us out through our website in our siganute here:)Sorry for the BP challenges:(

I've looked on your website and found a great deal of useful materials.

As long as you are not a "material participant" in the activity, then it will be considered Passive.

I think it depends on what your goals are.I currently have a really nice airbnb cabin that isn't cash flowing the way I'd like, but I do expect it's value to go up materially within the next 10 years.

It depends ;)We discussed it for each client that would have bonus depreciation, and generally it fell into a few different camps:1) We always extend anyways, so we don't care if we wait2) We normally file on time, and the amount of bonus depreciation difference is relatively immaterial, so let's not waste time and fees to extend and have to provide estimates to members - typically this was with less than a few hundred thousand of bonus3) We have too many investors, we aren't going to delay them, we'll file with the 80%4) The bonus depreciation is material enough to us that it is worth it to us to wait.

Overall the chip factory will promote a better economy but it may take time, maybe one or two decades.