You can always consider doing a cost seg study on a property that you buy and that can also help with tax benefits if you cannot qualify for the real estate professional status.

Also this could be a potentially lucrative business partnership.

If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Evaluate potential rental properties with a keen eye on location, cash flow, and potential appreciation.

After closing costs, it was about $107K.

24 dead now as of this morning.....Costs are already estimated at $250 billion, high winds returning (50-70 mph) through Wednesday.

I was chatting with some of my lending buddies at big banks and they are all backing away from the CRE space including office because operating costs are increasing more quickly than rents.

I also love that you’re thinking about how tech and machine learning could create efficiencies in real estate—there’s so much untapped potential in that space!

I'm not satisfied with not filing the rental in an LLC simply because it's more simple and might cost me an additional filing fee .