With a proper engineer based cost segregation study, you can accelerate that amount of depreciation, which is now eligible for 50% or 100% Bonus depreciation.

We also did a cash out refinance on this property when we first started expanding our portfolio a few years ago.

When our tech added the Freon, the AC began to work properly but quickly broke again and we noticed a leak.

Good evening BP, I started a new LLC for my buy and hold properties and I'm trying to figure out how I should "properly" fund it.

Good evening BP,I started a new LLC for my buy and hold properties and I'm trying to figure out how I should "properly" fund it.

Will the Rehab that you have effectively done make up for a market correction thus allowing you to pull equity from the property to properly Repeat the process or do you just have to wait for the market to bounce back before you can refinance?

You will want to ensure that title is recorded properly to avoid title / probate problems in the future. 

If you cannot find any 6 month old comps then you may consider expanded the area search or going back 12 months - or both.If you do not have a particular lot in mind, you should consider looking at the most recently sold, newest, similar homes in the area.

That might actually factor in that if they did leave and I raised the price, I might not get an immediate new tenant or one that I have properly qualified and liked. 

My agent had her general contractor come out and make the repairs including taking a look at the panel and changed out a couple breakers for proper sizing.