Keeping thorough records helped save the negotiations. 

Trust documents are not required to be publicly recorded, ensuring that details about the trust remain private.2.

My knowledge and subsequent track record has been one of basically following the wagon of friends and family(which as you can imagine has turned out to be a disaster). 

I recently discovered a traffic violation from North Carolina that showed up as a criminal record for an applicant. 

Converting your current primary into a house hack by adding a studio helps you offset your current mortgage while learning how to be a landlord.

If you expand your rental business in the future, an LLC may be worth considering, but for now, keeping good records and securing appropriate insurance should provide adequate protectionThis post does not create a CPA-Client relationship.

I have a property in Bulverde, Texas that is five bedroom 2 1/2 bath plus a one bedroom apartment studio with a full bath connected.

I would not envy investors who participate in this vehicle when the team has not track record of success with it. 

This sounds like a development, so you and your team should have years of experience and a track record of success before you take other peoples money. 

Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elements and roofingBasic HVAC componentsWater heatersFire protectionThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.