Best to involve attorneys/lawyers as well, but it depends on the type of financing you get.  

Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

This is a bright line issue, and unfortunately this is where people lose.RE Pros spend each of the following:More than 750 hours of service during the yearANDMore than 50 percent of his/her time working in real property businessesAdditionally, I talk a lot about the benefits of the RE Pro spouse.

Many people saved a lot on taxes utilizing those vehicles versus a Defined Contribution Plan like a 401(k).  

Mobile homes on their own lots are starting to be taxed as real estate $1,000 and up.There are two types of occupants in a mobile home park.

But you have to look for those deals, as they are not usually on the MLS.

An investor should actually work backwards from their Target ROI, to  determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

Covered parking for 8 vehicles. any thoughts on agent or non-agent?

Did you use creative  financing on the acquisition and the dispo? 

@Alfath Ahmed big congrats on the acquisition.