I’m constantly looking for connections and wisdom to guide me through this journey.

That said, the IRS allows "any reasonable method" of allocation which of course includes FMV.

As a private lender with experience in the industry, I’m here to help you navigate your journey, whether it’s assessing potential properties or securing funding for your investments.With your background as long-time listeners of the podcasts, you already have a solid foundation.

You have come to the right place to begin your investing journey.

Changing the method of deduction might slightly alter your taxable income, leading to a small increase in taxes.Bottom Line: The slight increase in taxes could be due to how different deductions interact with your overall tax situation, even if the total deduction amount remains the same.2.Is It Worth Amending Previous Years’ Taxes to Change Purchases from Depreciation to Expenses to Avoid Future Depreciation Recapture?

You have come to the right place to begin your investing journey.

Reaching out to all you note/CFD veterans again.It's my understanding that in certain states, for delinquent/non-performing CFD's, you must go through a standard foreclosure process (once all other methods like forbearance and modification have been exhausted).

(From what I hear the first property can be very impactful to jump starting one’s real estate journey (or very very negatively impact it,).

Is it riskier to mix house hacking with the BRRRR method?

You have come to the right place to begin your investing journey.