On June 3rd: "the Berkeley City Council voted unanimously for seven-story buildings — which could rise to 12 stories with a state density bonus —at the North Berkeley and Ashby BART stations.

Bonus follow up question:Is it possible to get financing on an auction property after purchase and rehab, say 3 months after purchase?

Also, from what I've heard, STR tend to take more work and require a bit more knowledge to do them successfully, but having someone who has already done them is a big bonus.

Could you please help me with the math: Purchase price: $835,000Land value: approximately $125,000Proposed $141,000 in bonus depreciation in 20222022 - 2027 accelerated tax depreciation of $200,000AGI: $105,000 last yearFederal tax paid: approximately $9,300.

Do you see commercial zoning as a bonus? 

I keep getting conflicting information on pay, splits and bonuses.  

I know David Green has given tips in his book that you should give a little bonus after you find a good deal and I totally plan to but I can’t even get the first deal.

I'd like to get a Cost Seg Study done on it to benefit from 100% bonus depreciation that ends after 2022.

Another way to substantiate repairs is invoices from qualified professionals that detail the scope of work.There may be opportunity for bonus depreciation or de minimis safe harbor on certain expenses.

The house is a 3 bed, 3 (full) bath bi-level with a bonus room that could be used as a 4th bedroom or office.