I plan for a time when they can be there and check in and make sure there aren't any maintenance items they haven't told me about.

The good thing about bonus depreciation is that you can take the amount eligible for bonus depreciation in that given year.For example - if you place a $50,000 item under 5 Years MACRS on December 31st, it would be eligible for bonus depreciation which as of right is now 60%.

Its not complete and it causes confusion for people trying to figure it out but there are other items involved.

There seems to be a belief throughout this thread that its alright for a city employee to come onto your property and simply lie about item after item and then send a written agreement in direct contrast expecting you to sign and return it.

It is just a matter of whether they broke it or not.It goes the same with all issues such as guest complaining about not being able to check in before check in time, or not able to find the item when we clearly stated where they are and sent them photo proof… I call this stacking the bullets before the battle and I tell my team you guys are sending me without weapon to fight if you don’t do this for me 😂 (I handle all the claims as I do this for my job)You are in an expensive market!

It potentially can be possible if you provide your capital to a fund who operates as a private lender.You would have to be a non-managing member in an LLC or an LP in a Partnership.Therefore, you would have no say in items such as who to lend the money to, at what rates, etc.Best of luck

Can someone provide me a fully detailed cost plan of every single item that I will need to pay when doing a fix and flip.

1) I’d remove all items under $100 and the landscaping/vegetation items.

All LPs on this post if an item in your due diligence list failed.  

Site cleaning may be the single most underfunded line item on construction budgets which often leads to dangerous work sites.