Bonus depreciation can be a powerful tool if approached correctly, and has the potential to create substantial tax benefit, which can be used to offset the gains incurred from the sale of your rental properties.As you seek investments with bonus depreciation, keep in mind some property types will garner more benefit than others.

I got sold on the no money down approach back almost 10 years ago when I first started looking at REI. 

Building relationships with local business is still a very successful approach.

There are several reasons for his approach.

Amazingly, it is apparently nearly impossible to get decent comps for this so I'm not sure how to approach figuring out whether to outright sell it (and for what price), fix it up as a rental, or market it as a knockdown for the land. 

That made all the stress and anxiety worth it... the difficult tenants/roommates, constant noise, roommate drama, and lack of peace and privacy.This approach reflects the balance between comfort and profitability that Craig Curelop discusses in his book, The House Hacking Strategy.

The improvements boosted its market value, leading to a successful sale at $65,000 on 8/21/2024, showcasing our strategic approach and effective project execution.

How do I approach a potential buyer/real estate investor or as they refer to them "cash buyers"?

Does this approach still work today in 2024 ?

Navigating the zoning requirements, dealing with Maryland Historical Trust limitations on what can and can’t be done to the property, and the financial burden of renovating the property to meet these standards have left us trying to figure out the best strategy so the property doesn’t just sit unused.If we decide to sell, we anticipate pricing it at around $70-$80 per square foot, which is an incredible deal for a property of this nature.We’re reaching out to see if anyone here might know of potential buyers interested in this unique opportunity.