![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
5 June 2024 | 4 replies
Some examples of this would be 1) depreciation calculations such as switching from straight-line depreciation to accelerated depreciation (often used for cost segregation studies when not performed in the year placed in service), 2) income recognition, and 3) inventory valuation such as changing from LIFO to FIFO.Correcting a mistake: If you realized that you used an incorrect accounting method after you filed your tax returns, you can file this form to request permission to change to the correct accounting method so that your tax reporting is accurate.Here’s a chart that you may find helpful when deciding whether you need to amend your return or file a Form 3115.As always, I recommend consulting your CPA or tax advisor as the rules can be complex.What is your experience with filing a Form 3115 or amending your tax return?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2881950/small_1700876004-avatar-patrickg361.jpg?twic=v1/output=image&v=2)
5 June 2024 | 5 replies
Same thing for cameras: I like old style trail cameras with a memory card (for rural properties personally) but if you have wifi onsite, or if you're willing to sign up for monthly fee (services for $5/month and up) the ones with a sim card are getting really affordable nowadays too.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1751744/small_1621515255-avatar-ilanma.jpg?twic=v1/output=image&v=2)
6 June 2024 | 7 replies
What does the escrow company and/or the Purchase Offer say?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/6704/small_1621347863-avatar-swalker90.jpg?twic=v1/output=image&v=2)
6 June 2024 | 6 replies
You can compete with riskier stuff outside common buy boxes and in tertiary markets.If you aren't already licensed, is the plan to use a Realtor to make offers on your behalf, given it is already listed on the MLS, and then shop around for a buyer?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2722473/small_1684017065-avatar-lindseyp45.jpg?twic=v1/output=image&v=2)
3 June 2024 | 7 replies
Service Star Realty is a great company in Phoenix!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2945943/small_1707765907-avatar-guss13.jpg?twic=v1/output=image&v=2)
4 June 2024 | 9 replies
GOOD service CHEAP won't be FAST2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/523709/small_1621481280-avatar-davidg130.jpg?twic=v1/output=image&v=2)
5 June 2024 | 1 reply
We made an all cash offer and offered the seller a quick close.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2305144/small_1694639172-avatar-dianad72.jpg?twic=v1/output=image&v=2)
5 June 2024 | 2 replies
I have been trying to sell the house for six months, initially listing for 710K, but I haven't received any offers.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1393658/small_1621511890-avatar-christopherd260.jpg?twic=v1/output=image&v=2)
3 June 2024 | 3 replies
I really need the utmost professional service.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1124726/small_1654357441-avatar-tjsteinemann.jpg?twic=v1/output=image&v=2)
5 June 2024 | 2 replies
Beautiful Airbnb with an 130k basis and 180k ARV that brought in 3k/ month in revenue the first two months of service.