., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

Raise the $600K, do the pre-development work, then “sell” the property to NewCo.  

I think Indy is a great diversity of communities and properties, so anything you would like should be here. 

Thinking outside the box somewhat to acquire more properties.

@Jason Munns, are you looking to buy investment properties in the U.S. or Canada?

Until now I've focused on distressed single-family and small multi-family properties for rehab into rentals (BRRRR).

Does anyone have strategy recommendations for purchasing multi-family properties with zero-low downpayments?

I was going to ask if you considered renting the property until the market picked back up.

@Thelma BalCost segregation can be a great way to accelerate depreciation and reduce taxable income, but it’s most beneficial for properties over $500K or for investors with significant income to offset.

I just think for me $15000 would have been better spent on a down payment on a property.