Thanks in advance for considering.Purchased a home for $700kCompleted $25k in renovationsCompleted a cost seg study (80% bonus) that resulted in $80k in passive losses for that tax yearWhat if we now sold that property for $800k.

Your agent doesn't want to sign up for all that work unless they believe there is opportunity for a sale.

-Fencing at least the backyards would be a bonus for tenants.

I think I am going to sign up and in three to six months, I'll respond back with my thoughts.

I would pay a bonus based on staying under budget, finishing on time. 

My unit is in San Jose, so bonus points for those in the Bay Area!

In August 1999, TREC amended Section 535.20 of the TREC rules to provide that for purposes of that section, the term "valuable consideration" includes, but is not limited to: 1) money; 2) gifts of merchandise having a retail value greater than $50; 3) rent bonuses; and 4) discounts.

But really like others are saying to get affordable housing you need to utilize land/lands that already have infrastructure in place and systems that can handle the water and sewer and storm.. so density bonus's are what is needed .

Hello,  I ran across a conversion strategy where an annuity company would add a significant cash bonus to my IRA conversion account to cover the conversion taxes so my conversion is tax free to me (well some what).  

Cost segregation studies on condos typically result in a lot of 5 year life which is eligible for 60% bonus depreciation in 2024.