Here is where you can find the recording (1.5 hours) of the planning board meeting: https://fb.watch/rcVsDnzZAW/Here is where you can find the meeting notes from that session: https://engage.buncombecounty.org/B67643Hope that helps anyone else following along with this discussion!

I’ve been working with real estate financials for a while, and I keep seeing one mistake that costs investors thousands: poor bookkeeping leading to missed tax deductions.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

I would think in most situations the original owner is in financial trouble, probably delinquent on their mortgage and facing foreclosure.

Also if your sale price for the business was driven by some value add, better record keeping, or was underpriced to begin with?

Even when financial goals are met, the experience shapes how owners and tenants perceive the property.

Prioritize your financial stability.

There will be moments when challenges feel insurmountable—deals that fall apart, difficult contractors, financial struggles—but the only way to succeed is to persevere.

Improve your credit and financials so lenders are willing to take a chance on you.

Originally from Africa, I’ve embraced new opportunities to build a better future, and real estate is at the core of my financial freedom plan. 

@Caryn FischerI agree with Jaron, you should definitely have a consultation with your tax accountant and/or financial planner before you do anything.