Study the market.

@Allan Smith We've seen SFH properties with a purchase price as low as $150,000 benefit from a cost segregation study.

A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand.

Here's the basics:1) The IRS wants to tax your worldwide income.2) In 2014 the IRS wrote that "For federal tax purposes, virtual currency is treated as property."3) Because of this, it receives capital gains treatment.Since most of you around here understand capital gains, I won't bore you with the details.

One that you know or study a LOT and that makes money:)

I have studied the market there for a bit now and am comfortable with investing with decent Cash Flow and modest property price gains.

Complete a cost seg study - combined with leverage it is feasible to deduct your entire equity contribution in year 1.Also follow me for more insights around cost segregation and real estate taxes!

I always recommend people ask for a free cost/benefit analysis to determine if they will benefit from the study.

This is a great case study on reasons to hire a property manager - it's the headache part...

As everybody has noticed the increase in materials and labor has skyrocketed which has thrown a wrench into condominium reserve studies.