My partner actually lives in the area that we want to invest in.The long term plan is to just use this as a buy and hold.We were planning on splitting all the repair costs.Great insight though, I think we will have to go back to the drawing board and see what type of property would truly benefit both of us.

I did sell mine just a few months ago and I bought a new 4 runner in dec so I could get 100% write off.. but buying gas is a new experience I wont even look at how much it costs I am afraid we are 3.50 to 4.00 her in Oregon..

We have our own office and showroom.

Here are some examples of RV Park assets that can be reclassified:Computers and office equipmentOutdoor lightingPaving and roadsLaundry equipmentMaintenance equipmentSwimming poolsFences and gatesLandscaping elementsUtility systemsIn a recent case study of an RV Park in Fort Wayne, Indiana, a cost segregation study allowed the owner to accelerate over 97% of the basis resulting in over $36M in accelerated depreciation.

But I don't have a physical office location, I work remotely with clients all over the US. 

I told him no, your overpaying buy about 30k.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I bring my investors deals that I would invest in before I buy it.

Biggerpockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I’m born and raised and living in El Paso, TX and have been looking at properties in Cape Coral, FL. I’m not familiar with the area but after doing my research, it’s looking like it’d be a great area to invest in for ...