No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.

Build equity while gaining experience as landlords.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

I haven't lived in it long enough to be exempt from capital gains, good point on that.

Net Sale - Is the contract price, minus the closing costs and commissions.adjust cost basis - net sale = net gainYour gain is made up of profit and depreciation recapture.

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

Although the study may increase the gain, the gain may be taxed at a much lower rate making it a beneficial investment.If a property is purchased with the intention to flip or own for a short period of time (less than 3 years), a cost segregation study may not be significant.Overall, as long as you intend to hold the investment property for greater than a year, the benefits of a cost segregation study should be considered.

We kept and rented our primary residence for three years before selling it (and we didn't have to pay capital gains taxes).Thanks!

I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field.

Your problem will be them incurring capital gains taxes simply so you can get a commission.