Or is there time frame it needs to be fixed by most vendors are backed up right now.

Are you new to investing or do you have a few years under your belt?

Due to the 5 figure cost to cancel we'll have to stick it out until contracts expire. 

Looking forward to making some great progress in this side of my career, make new friends and growing together.

Expenses that don’t go up as fast take less of a bite as the ARV increases, leaving more room to (slightly) increase the purchase price plus rehab limit to 75% of ARV.We use this rule of thumb for screening, but always create a spreadsheet to estimate all expenses and run a P&L in detail for comparison.

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

I'm in search of a good land use lawyer who can help me negotiate public infrastructure I am being required to pay for near Waynesville, Ohio (Wayne Twp, Warren County, exurb of Cincinnati/ Dayton) in association with a small subdivision I am constructing.

Here's a deal I'm going to break down pretty thoroughly on my process of evaluation.

well. lower tax's generally helps RE and business as a whole. will have to see if they come up with something specific like the cost seg rules that are redy to sunset.

If you are going out-of-state, I would get a single-family to start as a test, or at worst, a two-family.