We haven't event gotten our minds wrapped around cost segregation and depreciation, and our current CPA doesn’t seem to have a handle on these concepts either … 

. $300sqft to build at least.If you have any sort of mortgage on the property you will need an attorney to handle the mountain of paperwork the bank will give you for a lien release. 10k+, also probably some nightmare terms to have to build and sell immediately and god knows what.At this point a year has passed and you have spent at least $60,000 cash, you're about to break ground on a structure that will cost you at the very least $400,000 to build, you are still 1 year away from cashing out because you have to now build a house.

After that deal closed, he called me to handle the sale of his other properties.

My Property Manager isn't sure how to handle this, either, so I thought I would ask the community. 

Or, are you looking to invest for passive income and let someone else handle ownership and management? 

I understand the hesitancy to lease to students but vacancy is so low, that if you can handle a few headaches, it's worth it. 

I'd have to ask my wife who handles the accounting etc about the fee question. 30 to 45min a month for 62 properties Not bad.

While I have managers handling the daily operations, I still oversee everything remotely.

Strategic timing matters, especially with multi-state portfolios.Real Example:Investment property sale in 2019Federal noticed unreported gainTwo states involvedTimed response to fall after state deadlinesResult: Only federal adjustment appliedInvestors: What's been your experience handling tax notices across multiple states?

Hi Allende, my firm handles property management here in Miami.