**Other Ways to Flip:**- If you decide not to refinance, you could consider partnering with a local real estate agent who specializes in investment properties to get more exposure.- You might also look into staging the property or taking high-quality photos to make it more appealing online.- Another option is to list it on multiple platforms, including local real estate groups and social media.

Not sure how big the lot/driveway is, but that actually sounds like a bonus to you. 

Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.

This is because lenders see cash-out loans as higher risk, especially with investment properties, so they limit the LTV to reduce exposure. 

Apart from that I pay him an excellent bonus if the house sells more than my original ARV because of his beautiful finishing. 

If you can't determine an area class by driving there and looking at it, then you need to get some more exposure and get to know the local market more. 

Anyone who is against predators should start from the very top, like Boeing Corp. who makes $*tty planes that keep falling off the skies lately, so CEO can earn tens of millions in bonuses for cutting the costs of production and delivering planes to airlines sooner than the engineers can properly test them for safety issues.

Similar to a 401k, part of the strategy is a tax arbitrage.It is a much better outcome to take the deduction at 37% rather than 24%.Lever 5 - % Bonus AllowedIn 2023 Bonus depreciation has been limited to 80%, and will continue to ramp down 20%/yr until it hits zero in 2027.Bonus depreciation has come and gone in the past, but the more you get, that first year payback is higher and higher.Lever 6 - % Payback RatioUltimately how much you save vs. how much you pay matters.Caveat - Talk to your CPA before you purchase a cost seg study.You need to have a way to monetize your losses through1.

Depreciation helps reduce the taxable rental profit, potentially bringing it to zero or even creating a loss, which can carry forward to offset future rental income or other capital gains.For high wage earners, other tax strategies could include leveraging cost segregation studies to accelerate depreciation on rental properties through bonus depreciation, taking advantage of tax-deferred exchanges (like a 1031 exchange), or maximizing deductions related to property expenses (mortgage interest, property taxes, insurance, repairs, etc.).

It's in senate right now and if it passes, bonus depreciation goes back up to 100%.