Quote from @Randall E Collins: Only an idiot has payed or plans to pay some one how to teach them how to wholesale.

Property is 3021 E Shangri La Rd, Phoenix, AZ 85028.

.✔️ March 31 – Final deadline to correct & e-file 1099 forms before penalties increase.💰 Tax Deductions Business Owners Shouldn’t Overlook:🏠 Home Office Deduction – If you use a part of your home exclusively and regularly for business, you can deduct a portion of rent, mortgage, utilities, and internet.

You CAN get around the 2 year s/e history thing... 

I made the submission then about 2 days later.. get a e mail Hey we love it your approved subject to a few due diligence items next step is to send of 10k .. well this was a multi million dollar deal ..

I purchased my DST via https://seracapital.com/1031-e...Carl assisted me as a fiduciary consultant instead of a DST salesperson hoping to earn 6-10% commission on (actually out of) my investment.

Ft.556 E Shore Rd$5M3,900 sq. ft.$1,282/sq. ft.5 Auidneck Ct$3.09M3,200 sq. ft.$965/sq. ft.30 Battery Ln$2.53M3,200 sq. ft.$791/sq. ft.597 Beavertail Rd$7.82M5,300 sq. ft.$1,475/sq. ft.541 Seaside Dr$4.2M3,400 sq. ft.$1,235/sq. ft.4 Dewey Ln$4.05M2,700 sq. ft.$1,500/sq. ft.Step 2: Adjusting for SizeSince the planned home at 245 Seaside Dr will be 4,000 sq. ft., I used an estimated price per square foot within the market range:Conservative: $1,200/sq. ft. → $4.8M ARVModerate: $1,350/sq. ft. → $5.4M ARVHigh-End: $1,500/sq. ft. → $6.0M ARVPremium Luxury (based on 4 Dewey Ln & 597 Beavertail Rd): $7.1MSince 245 Seaside Dr is a prime location and waterfront lots in Jamestown have high demand, I conservatively estimate $1,500/sq. ft., leading to an ARV of:4,000 sq. ft. × $1,500/sq. ft. = $6.0M – $7.1MStep 3: Justification of ARV at $7.1MWaterfront Location: High demand for oceanfront properties in Jamestown.Luxury Market Trends: High-end buyers are paying $1,200 – $1,500 per sq. ft. for new construction.Comparable Sales Support: 4 Dewey Ln and 597 Beavertail Rd confirm the $1,500/sq. ft. estimate is realistic.Low Inventory: Waterfront lots in Jamestown are scarce, increasing property value.Your ARV analysis looks pretty solid based on the comps you’ve used.

They will likely request a copy of your most recent form 4562 and schedule E depreciation supplement and handle your individual depreciation schedule in the K-1 for the OP units.

I have decent liquid assets but they would take a huge hit dropping 10-20 percent on a 2 million + loan.  

It all still goes on Schedule E.