I think whenever you are getting advice from someone it's important to always consider the source to identify the incentives that person has to give a certain answer and how it colors their thoughts.

While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.There's this thing called Hierarchy of Tax Authority that CPAs and Tax Attorney's reference.Let's not get too carried away with comments like, It serves as a guide and cannot be used, cited, or relied upon as an authoritative source....

If so, you will need to rollover those funds into respective money sources of pre-tax and Roth. 2) Analyzing whether to use IRA or Solo 401(k), is fairly straight forward, when the intent is for you to have your own business and want to use the funds for real estate investing.

Unfortunately, Facebook is not a trustworthy source for verifying someone's identity.

In my New England market I’ve been able to source some amounts of cash flow but my appreciation has been phenomenal and the projections for future appreciation keep me from selling to attempt to find better cash flow.

And no other buyers can get a loan on this thing either because there's no income to show.Anybody have any lending sources that might do this as a value add project?   

Additionally, holding the property during the ongoing area growth has allowed it to appreciate in value, further increasing its long-term potential as both a rental income source and a valuable asset in my portfolio.

Reach out to some agents on here that source off-market deals.

Hi @Gisele Sood, there is a mix of free and paid services that can help you retrieve the data that you seek.To gather data on tenant demographics and property demand, consider these resources:Census Bureau & City Data: Offers insights into local demographics, income levels, and household types.Zillow, Redfin, and Realtor.com Market Insights: Check these platforms for property demand trends, popular property types, and renter data by area.AirDNA & STR Insights: If considering short-term rentals, these provide data on occupancy rates, guest demographics, and property preferences.CoStar & REIS: Paid services that provide detailed market analytics on rental demand, property types, and demographic preferences.These sources can help you understand tenant needs and property demand in your area.

Do you rely on specific data sources, gut instincts, or perhaps a blend of both?