It turned out to be a win.

I can cashflow about $1,500 per month on the first house I did this with, so I'd love to do it again.But I'm looking for feedback on what you guys think will work as far as partnerships or other structures to make this a win-win for both parties.

I asked our previous CPA about bonus depreciation and was told “the IRS frowns on multi-year losses.”

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.As a reminder, bonus depreciation will start to phase out in 2023.

I can assume from your post you probably aren't a big fan of visualizing, karma, etc, but starting something with the mindset that you are certainly going to fail is the worst way to start anything.Give me someone with zero experience who believes they can/will win or be successful and I will take that person every time over someone starting something expecting to fail.

We've seen over 30+ homes and I was curious which bids are 'winning' because we continue to get overbid by cash buyers.   

Seller is w/in the terms of the contract. 

I'm wondering if a brief stint as a MTR can make my primary residence eligible for bonus depreciation of improvements?

Even if it is very, very clear you would win if you found yourself in some legal trouble over an alleged violation, its still annoying to have to deal with so err on the side of caution I suppose haha

I will only work on deals that are a win for everyone involved.