Last month I gave a 30 minute presentation on how I was finding, landing, and funding my personal deals in 2018...I bought over 20 in an active market.Get Your Ducks in a Row | February Monthly Meeting Tuesday, February 5, 2019 6:30 PM 9:00 PMThe Ward Pavillion at Wildwood Preserve Metropark4830 Central Avenue, Toledo 43615Learn about financial security for investors as it relates to your business, your properties, protecting your assets, and succession planning

This will help you maintain capital preservation while maximizing your equity.

Great read and great story of preserving.

You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.Here is an example of some items included in a restaurant and their useful life classification:5 Year ClassificationAwnings and canopiesBeverage EquipmentComputersData Handling EquipmentDoors (Special lightweight doors installed to prevent accidents in areas with heavy traffic)Drive-thru equipmentFire protection equipmentFloors (installed with strippable adhesive)KiosksWindow treatmentsWall covering (strippable wallpaper)Sound systemsSigns (display trade name)Retail furnitureRetail fixturesRefrigeration equipmentMillwork - Decorative7 Year ClassificationOffice furnishings15 Year ClassificationConcrete, Foundations and Footing (related to light poles, signs, and land improvements)Trash enclosures (freestanding enclosure typically on concrete pad)Site workParking lots39 Year ClassificationCeilingsConcrete, Foundations and Footing (related to the proper setting of the building)Doors (interior and exterior)Air curtain doorsElectricalElevators and EscalatorsExit signsFire protection and alarm systemsFloorsFloor covering (installed with permanent adhesive, nailed or screwed in place)HVACWindowsWalls (interior and exterior)Wall coveringsTrash Enclosures (attached to the building)Site utilitiesSigns (exits, restrooms, room numbers, etc)RoofRestroom partitionsRefrigerated structures (cold storage, walk in freezer, etc)Millwork (general building or structural)

You will get nailed with the depreciation recapture (25%) when you sell whether you take the depreciation now or not.

Use of the funds to buy another property or something separate from the rental property would not be deductible.A rate and term refinance with no cash coming out preserves the tax deductibility of the mortgage interest.Reference: https://www.rocketmortgage.com...

We obtain a judgment for the unpaid balance and then at that point we can no longer accept any payments in order to preserve our ability to do the actual lockout 10 days later.

The net effect is that the Trust assets are permanently preserved for the Trust beneficiaries and completely protected from unauthorized court proceedings and creditors.

To the South and East side of Vineland are fewer people and more nature preserves. 

Terrible economic data, housing nationwide down 10% from June, based on bond market we should see the FED pivot soon which is the final nail in the coffin for markets.