We didn't have to do much on this, so this one will appreciate over the long run due to the growth in the area.

, if this needs to happen before you close on a home?

That makes the conversation much easier.

.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

My broker is my dad. what do i need to put his information on? 

You have mortgaged properties sitting vacant and properties in need to rehab.

We understand that we'll need to use a local bank to obtain non-conventional financing as well as putting more than customary down.   

. - We've found issues where owners was NOT on the deed and was scammed- We've also had to patiently explain to owners that since an LLC owned the property, that the management contract had to be in the LLC name and we needed proof they could sign for the LLC.2) Property Taxes: we make sure we know the status, to avoid tax foreclosure issues.- Took over several properties for an out-of-country owner last year that we're in the midst of tax foreclosure.

I need to see if it's worth buying it at approx $1m.

She is now 96 years old and there is no need for her to hold on to the property.