Hi everyone,I’m a licensed agent based in Philadelphia and am looking to connect with other investors in the area.

You don't want to start playing sides here and getting involved in these kinds of debates.

planning to list them for 2024 taxes as 6 different properties and when rehab will be done , I will get all 6 deeds, can I sell individual condo and 1031 based on basis I will show?

If you’re looking for simplicity and don’t have the time to be hands-on, the turnkey approach is probably the best option.As for buying one more expensive property in California, I understand the appeal of having a more stable tenant base.

I do not do a lot of volume, so it would take me a long time to get a good data set just based on those numbers. 

Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

Also, the benefits of a cost segregation study can vary based on a multitude of factors.

For instance, if the contract just says "install kitchen cabinets," it might be unclear whether this includes removal of old cabinets, disposal, or even painting.So what do we need to include in a general contractor agreement?

I titled this post based on that.

In addition due to prop 13, the tax base is a fraction of if it sold today.