If you can fight to break even and hang on to that place for the long term, that will provide the best return on capital by a long shot.

On 12/19/2024, we sold it for $99,000, securing a great return.

Even if you have a higher return in the stock market, you'd be doing it with a lower basis after tax and it will take a long while to recoup from that. 

The only thing is, he mentioned that I will have to file an extension because, understandably so, he does not have the time to complete my small business returns by 3/15 (8 days from today).

I mean even if the IRR is trash and the cash on cash returns don't come back as promised. 

It has a lot going for it from a long-term rental/cash on cash return perspective, but I’m not too sure about short term rental demand and occupancy.

And, even if he has real estate clients, doing a tax return doesn't really educate one.

Once you file your 2nd year of tax returns, you may now be able to qualify for Agency Loans (FHA/Conventional).

However, when I requested the return of my funds on June 26, 2023, that information did not hold true.

One question I have is that I have heard that DIY cost segregations tend to be more conservative, meaning a full engineered study would likely return more in deductions.