This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.

Quote from @Karen Smith: Quote from @Jay Hinrichs: well have been a PML HML since the late 80s. benefits are:1.

As it reads, a pro-rata share is "equal to the Purchase Price of Participation divided by the Outstanding Principal Balance of the Note."

SFH under 200k, definitely exist. 300k for SMF as well.

The key is understanding your risk tolerance, time commitment, and financial goals to find the right balance.

@Sebastian AlborsIn my experience, buying a single-family home (SFH) in Asheville and house hacking with a family member like your brother can be a smart way to balance costs.

i'm local and can connect when your time allows.

Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.

I don't know a single broker who would allow an agent to wholesale while hanging their license at their firm. 

Closing in an LLC is also allowed with DSCRs if that's a concern.