For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.

Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.

By working closely with hosts, legal teams, and city officials, PadSplit successfully defended its model, ensuring continued housing opportunities for those in need.With this case setting a precedent outside of Atlanta, it strengthens the argument for more flexible and inclusive housing policies.

I would also recommend getting a few more bids from reputable foundation companies to ensure you are getting the best quote.

Ensuring that you provide all of the applicable information to the cost segregation study company helps them provide the most accurate cost benefit analysis.

Ensuring your rental market can sustain these costs will help maintain profitability over time.The 7% DSCR loan is relatively high, and refinancing later at a lower rate could improve your long-term cash flow.

So, you need to be looking at your occupancy and pricing frequently to ensure your RevPAR is where you want it to be. 

Trust documents are not required to be publicly recorded, ensuring that details about the trust remain private.2.

It's why we partnered with them to ensure our BiggerPockets audience has access to the top companies in the space.

Consider exploring alternative financing strategies (like seller financing or creative financing) or targeting off-market deals to find better opportunities.