Hello everyone, hope all are well, I'd appreciate insight on a question- if I take bonus depreciation after a cost segregation study in a year, then do STR and it's just not for me, can I then convert to long term leases the next year and still benefit from the deduction in year one or is that owed back somehow (other than recapture at time of sale) Thanks!

Purchase price: $9,163 Sale price: $20,000We bought from an elderly woman who inherited the property.

Partner with a builder and split the final sales price based on value difference before and after the buildingLower the price enough to not lose the property when the balloon comes due?

You won’t be living here forever, so ideally having an exit strategy is key to figure out how to maximize your money when time to sell

Only in the year of sale of that property?

But sales people will do what sales people do.   

Purchase price: $5,500 Sale price: $12,500 Double closed 1.02 acres of residential land in Orangeburg County, SC.

Hey All -- I believe I have an understanding of the financial workflow here, but figured this group would have lots of personal experience and or advice.

Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low. 

Figure 200 nights x $80 = $16k per year.