Your question has been debated between BP tax experts both privately and publicly, for example here: https://www.biggerpockets.com/forums/51/topics/819991-expens...And we ended up where we started: no consensus and no clarity.There have also been court decisions that support my interpretation, even though I personally find these court decisions debatable.

I’d love to connect and see how we could collaborate or share knowledge further.Would you be open to discussing how we might work together or how we can support each other in the private lending space?

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email support@biggerpockets.com, and someone will help you.

They have a $5mil builder loan for a 20 unit townhome community they are looking to refinance.

I've been pleasantly surprised to see a mix of buy and hold, flip, and ADU type opportunities surface, so I figured I'd put them out to the BP community for anyone who's in this market and feeling frustrated.

Leverage Local ResourcesEconomic Development Grants: Check with your city or county for grants or incentives aimed at affordable housing or community improvement projects.Local Banks or Credit Unions: They may be more flexible than larger financial institutions, especially if your project aligns with community needs.Partnership with Nonprofits: Collaborate with organizations interested in affordable housing or sustainable living.4.

Purchase price: $355,500 Cash invested: $75,000 Rental Property near community college What made you interested in investing in this type of deal?

Quote from @Jayson Avina: Hi BiggerPockets Community!

I changed my major from Accounting to Real Estate back in 2018 when I was attending Glendale Community College.

I first want to say that I am a new participant in the community but I have followed you guys since Brian ran all the pods(Ha!)