The main challenge was ensuring a seamless same-day sale, which required precise coordination and efficient execution.

We learned the importance of precise budgeting, as the $35,619 renovation required careful oversight.

We learned the importance of precise budgeting, as the $67,150 renovation required careful oversight.

There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.

If the coordinates are precise enough, it should find the home and get its MLS ID, then feed that ID using Python's requests library into an API request to the scraper on apify.com.

The main challenge was ensuring a seamless transaction, which required precise coordination and efficient execution.

We learned the importance of precise budgeting, as managing $30,000 in renovations required careful oversight.

Some examples of this would be 1) depreciation calculations such as switching from straight-line depreciation to accelerated depreciation (often used for cost segregation studies when not performed in the year placed in service), 2) income recognition, and 3) inventory valuation such as changing from LIFO to FIFO.Correcting a mistake: If you realized that you used an incorrect accounting method after you filed your tax returns, you can file this form to request permission to change to the correct accounting method so that your tax reporting is accurate.Here’s a chart that you may find helpful when deciding whether you need to amend your return or file a Form 3115.As always, I recommend consulting your CPA or tax advisor as the rules can be complex.What is your experience with filing a Form 3115 or amending your tax return?

The main challenge was ensuring a smooth transaction, which required precise coordination and efficient execution.

We learned the importance of precise budgeting, as we managed $42,000 in renovations.