I'm out of Fairmont MN also, been building a portfolio of apartment buildings in the area.

Being based in Austin, you’re in one of the most dynamic markets out there, which gives you a fantastic foundation to build on!

I purchased my first rental property a month ago and I’ve learned more about real estate and home building in that one month than the rest of my life combined.

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

Partnering with investors, attending local meetups, and building a strong network would be key steps.

Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.

A few years ago, I hired Dalinghaus Construction to lift the foundation on a two story building that was built in 1925. 

It never occurred to me that I’d have to make the drive to this building for 2 months.

My husband is a licensed general contractor with experience in building semi-custom homes, finish carpentry, kitchen & bath design, cabinet installation, and much more.

A cost segregation study was performed on this apartment building in Knoxville, TN with a depreciable cost basis of $17,323,250.