There is a kind of "board" which is assorted family members who meet bi-annually to review, vote, decide on any items they need to. 

When a property is sold or otherwise transferred, it often undergoes a reassessment of its value.

. $50k land value on a $600k property sounds very low / possibly incorrect 2.

Husband is interested investing in them, but I cannot find ANYTHING online about them no reviews ANYTHING!!

Here's how a seeming tax disaster turned into a strategic triumph.Picture this: You're sitting with your CPA, reviewing the sale of your residential rental property.

Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

These properties often generated decent revenue but underperformed simply because they didn’t stand out visually.3.Natural Language Processing: They also trained an NLP model to review poorly written Airbnb descriptions.

Is there a way to get the 80% of the appraised value out?

Happy to give you opinions on deals if you need to review some stuff.

Agreed - plus two additional thoughts:1) I always recommend having your CPA also review the drafted operating agreement for the tax issues.