@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.

Even if you aren't a property management company, you can still use platforms like AppFolio, Yardi, Buildium, and so on.Excel makes it too easy to forget something.

Quote from @Amol Kulkarni: Has anyone used Homeriver Group Property Management in Jax and Citrus Spring.

What's the zip code of the property?

Not your own rehab at your own property.

In terms of negotiating the deal, we looked at the property and its condition and negotiated the price down and eventually met in the middle.

What type of properties did you invest in and what kind of returns are you getting?

I will then use my current home I am moving out of as a rental property. 

The first mistake is the property is free and clear.  

.🔹 Step 9 & 10: Engineering & DrainageNot the most exciting part, but if your property needs engineering reports (like soil testing or drainage fixes), get it done now.