I'm thinking about doing rental arbitrage in the metro Atlanta area, was wondering if there was anyone currently doing this Atlanta whose brain I can pick or whom I can partner with.

I realize this may require a tax pro but wanted to get an initial pulse from this community first.

Despite this, there’s still a ton of appetite for participation.

I closed 3 deals this year off cold calls.

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

My question is how can my friend reverse this wrongful (and possibly inaccurate) disbursement of his Vantage IRA?

I hope this helps.

So, two questions arise; 1 - can this strategy work in a NORMAL period of economic activity, and 2 - can this strategy work in a difficult economic period?   

I've liked this method for making win-win scenarios for all involved.Happy studying ;-)

This is in FL and the lease says "We will not be liable for any damages, loss, or injury to persons or property occurring within your dwelling or upon the premises.