The key is getting a good RE consultant that specializes in no-cost consulting, engineering-based cost segregation estimates, and reasonable study costs who works with your CPA/tax professional.

Purchase price: $48,000 My partner and I borrowed 100k Private Money to purchase and rehab this property.

Hey BP community I recently had a fire inspector come out and say I needed to have my fire escape ladder inspected by a professional on my commercial building. 

You can fund the GAP if you have the funds and if not, you can try to get a private investor to fund it.

Do you have real estate professional status?

I would highly recommend leaving electrical and plumbing work to professionals, and your area may even require work to be done by licensed professionals.

Readers are advised to seek professional advice.

This move was motivated by the desire to play tennis professionally, and such lessons involve schedules that are at odds with those of any school other than online.

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.