3. 60% Bonus Depreciation in 2024: Does this apply to the building only?

Hello, I know this can be a very touchy subject due to fair housing laws but I just bought a property and one of the tenants wants to move to another floor and use RAFT, now I know I cannot deny them housing due to RAFT alone but they are applying because they told me they cannot come up with first last and security, I know RAFT will cover that but I am wondering what downsides are there for instance can RAFT enforce rent control or is it even more difficult to evict people who have applied.

I am completely new to wholesaleing, any info or direction is greatly appreciated.

Can anyone more experienced point me in the right direction as to where to start?

I try to copy the type of structure thats working (changing the elevation) and use those as comps when I go to use a DSCR loan on the back end to pull money backend.Knowing what strategy you are going for would help me direct in a more accurate way.

Response to #1: Some lenders allow for layered entities while others want warm bodies/natural persons to be direct managers.

I would suggest using our Find a Lender service which is free for you to use in order to find a trusted and vetted hard money lender directly from BiggerPockets. 

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

I cashed out my rewards and applied them towards the balance which was very helpful!

Would love to learn about pain points from other property managers.So I have a career background working in software and am currently applying simply builds to common monthly tasks such as sending, receiving, and logging payments for rents.