In normal operations and stable markets, the bank margin is typically about 160-180 bps above the fed funds rate, however we are currently seeing them build close to 300 bps of margin which tells me they are still expecting volatility in the bond market. 

Some have very little involvement in the actual operations of the properties, so if you are seeking asset management help, I would be sure to ask what the mentor's level of expertise is in that area.Who would I actually be working with?  

@Camren Ritchey Depreciation is a non-operating expense.

They could be completely ignorant of how their PM operates or that the PM is losing them money hand-over-fist.Start by going to www.narpm.org to search their directory of managers.

You can 1031 into some syndication projects, but be wary as they usually require a lot of capital and you NEED to pick the syndicator/operator right. 

Full transparency I am a seasoned property manager and will be opening my own brokerage soon - working as Director of Operations of another brokerage right now.

I'm not a CPA but here is what I see as the pros / cons.PROSYou could potentially take more deductions as operating expenses. 

If rental losses generated by cost seg exceed income in tax year this is referred to as a Net Operating Loss and gets carried forward into future tax year.

Feel free to connect for questions and would love to learn how others are using AI in their day-to-day business operations. 

Small owner operator and takes pride in his work.