@Rud SevIt's really your CPA's job to walk you through your tax return.

With all this investment bringing in business, high-paying jobs, etc over the next few years it seems like it's a solid potential opportunity to get in.

Of course, the buyer could lose their job, but the spread between cash vs. mortgage has to be more than most people think.

Most of them I did the marketing myself and some years I spent more in marketing than some people make from their day job for a year… 

Their job history tells me a lot.

Lawn Care: Regular upkeep, normally the tenant's job on single family residences stated in the lease.7.

We used to do all the qualifying as agents, push the loan officers who didn't want to work to get the job done, give comps to the appraisers etc. etc.

While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.

With a portfolio like this, and a good job, you could be able to save up $48K reasonably quickly - perhaps faster than the 2-3 year time horizon you post here!

Our strategic improvements and targeted marketing paid off, resulting in a successful sale on 10/25/2024 for $260,000.