Do i have to actively manage a property to use a bonus depreciation tax write off? 

Based on the information you provided, I'm operating under the assumption that you have a single-member LLC whose activity is reported on Schedule C of your personal income tax return.I hope that helps and best of luck with your rental property!

Super inspiring for someone who is looking to buy his first deal this year.If you don't mind me asking, how much $ did you have in reserves before you bought this property?

I have been reading about adverse mortgage fees in news from Dec 1st( it was supposed to be implemented from Sept 1) and this has been playing in the back of my mind during this refinance process am I little worried if it’s going to bite my back at the time of closing, my current lender has already sent me payoff instructions.

Sometimes, on our larger syndications we even choose not to do it on our properties.However, keep in mind that this is your individual situation.

I’ve been a member of Bigger Pockets since 2021 when I purchased my first investment property, but I haven’t been active on here.

Florissant and Ferguson come to mind. 

I am actively saving for the next place, and would like to avoid the traditional agents, bank fees, etc, and work directly with the seller off market on my next deal. 

@Omosalewa AderonmuI like your google sheets template. do you mind sharing it?

I am really excited meet like minded individuals in this community whose goals are to increase their wealth and add value to the market place.