Over the past two years, I've completed two primary residence renovations using 203K loans, created one LTR, one MTR, and now I'm excited to expand into flipping.I'm focusing on the Beaverton area and looking to connect with experienced investors who can recommend reliable lenders, wholesalers, or other deal finders.

I told him he shouldn't post a link because most people will be worried it's phishing (completely valid and smart).

@Petar Stojanovski - I have no ability to open a dispute, they completely shut me down and I can't do anything from my account

I was initially looking for a turnkey property but after finding this deal and going down the rabbit hole it has turned into a BRRRR.Property is well priced and seller agreed to lower price after inspection was done and scope of work completed by GC.

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

A completely paid off property purchased at a 6-7 cap, and appreciating at 3% per year long-term is a 9-10% return with very little tax.

I started last year and have completed three successful projects with 30% returns before tax within 3-6 months.

So that one is most likely a complete write off.

You said wiring was already completed.

It offers some good features and reasonable UX.