As the saying goes, for every 0.25% drop in rates, another million buyers become eligible.

Can I amend 2021 tax returns and include everything eligible for bonus depreciation resulting in a Net Operating Loss which then would roll over to the following year?

So with population growth of 50,000/yr forecast to come in for the next 5 yrs, and only 70,000 new units being delivered, we are buying for a long-term hold based on the future fundamentals of the market.  

.• Both sales either meet the Eligibility Test or qualify forpartial tax benefits, as described earlier.Also, if your sale of vacant land meets all these requirements, you must treat that sale and the sale of your homeas a single transaction for tax purposes

I have never done a cost seg for any properties up to this point and understand the fundamentals of the process.

If they are a good coach, they will have you drilling fundamentals every day, watching everything you eat, studying the rules and strategies, lifting weights, and more.

Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.

For me, personally, it's areas that are landlord basic to friendly, strong industry growth or potential growth, and personally I trade/buy/invest in houses that I see inventory pick up but the fundamentals stick meaning it's a great area.

The other thing I was reading was that you can get the second home if you still had “entitlement” on your Certificate of Eligibility or you can change your 1st home to a conventional loan (that is likely pretty involved) 

@Jay HinrichsDo you see a fundamental difference with this strategy and paying FMV with 25% down?