BP prevents me from putting their email in my response, but the email is in your confirmation email for the conference.

The exact amount of capital gains you can offset will depend on the cost segregation study results, so it’s crucial to discuss this with your tax advisor to ensure you’re maximizing your benefits while staying compliant.

Thank you both for your responses.

That said, it was a risky loan and risky on my part being responsible for that loan.

Thank you for the response!

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

Research your local market trends before starting, and have a plan B (like renting out the property) if the market shifts unexpectedly.For anyone new to this, patience and flexibility are crucial.

Consider the potential for increased property value and rental income against the additional management responsibilities and possible tax implications.Remember to consult with local authorities and possibly a real estate attorney to ensure full compliance with all regulations in your specific area.Let me know if you need funding for the rehab.Regards,Jackson

I get a response about every other month- always with false promises, and never direct answers.Do you have any advice for how to handle situation?

My point is knowledge is crucial, it’s not necessarily a deal breaker.Best of luck!