Cost segregations, bonus depreciation, etc.....are just ways and methods of writing off more or less at certain times.

Hey BP Community,I know the market has its pros and cons—affordable properties, strong rental demand in some areas, but also challenges like property management, vacancies, and neighborhood selection.For those investing in Detroit:What strategies have worked best for you (buy-and-hold, BRRRR, flips, etc.)?

Quote from @Tony Schmucker: Quote from @Wale Lawal: @Tony SchmuckerFrom my experience of working with over 400 investors, your strategy to relocate, house hack, and transition properties to management is a strong, methodical approach.

Quote from @Jaycee Greene: Hey Jaycee, we currently lend on several loan types: Fix & Flip up to 90% LTP, BRRRR, New Construction, Bridge Loans, & Multi-Family.For myself personally, I'm looking in the Orlando, Philadelphia, and Southern NJ markets, 1-4 units.

I will be looking for a rundown multifam to BRRRR.

What methods would you suggest to screen potential tenants? 

@Anthony Chan If you underreported depreciation on your rental condo, Form 3115 (Change in Accounting Method) allows you to claim all missed depreciation in the year of sale without amending past returns.

Small roof repairs are usually fine to do, but ... the foundation should be corrected and settled back in place (usually 1-3months, depending on the method and what was done) before the roof is replaced, or you'll void all warranties that the roof had!

If major foundation work, you should wait 1-3 months to do the full roof replacement (depending on the method and how much was done).Example: If/when we do a full residential roof replacement, if major foundation work is done after that, any/all warranties are void!

For Airbnb guests, the process differs from the traditional eviction method used for long-term tenants.