Foreigner investors can either pay a flat tax of 30% of their gross rental income or elect to file an annual US tax return and reduce their taxes by claiming deductions relating to ownership and managing the property.

Should I run a cost segregation after completion of project and bake it as part of increase in basis?

Choice of a 30yr old property in a flat market with 10-cap on rents vs a new built home with strong growth and demand but net-0 cash-flow yr1, it's not even a competition, new-con every time.     

Here’s the investment details10k for revamp and fully furnishing 5k upfront fee for design and management $500 flat fee for the managementFYI I have already spent like 15k on the property 2.5 years ago to set up.Thanks for looking into this.

It might make more sense to own the property and lease it out to an organization that does it and you could do a percentage lease rather than a flat monthly fee.It isn't for me but I'm more of a passive person.

Rates that end in 9 are always scammy in how they rob you of hundreds of dollars compared to if you got a 3% flat.

That new flat screen 60 inch TV you need for "zoom calls" might be a write off if your actually using it for zoom calls.

Have nearly the whole team baked out, right now just looking through different financing options. 

@William Coet Try googling "flat fee MLS" and you will find many providers of this service.Here are the big things to look for in a flat fee MLS listing:1.

With the north side of Chicago as my market, I think duplexes and 3-flats are what I'm mostly going to be looking at.