EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Acquisition cost was $700k; reno costs about $165k; furnishings about $35k.

Should I do Cost segregation before or after rehab?

Protecting yourself (as landlord) from utility cost spikes when there are no separate meters is a common question.  

WONDERING also if you do these kinds of things with Back Taxes- we ( my husbands BIZ and I ) are working on consolidating his business loan (bout 20k) from the pandemic days and then this back tax of 28k from his previous divorce days-  both very high in interest- and before we paid our work van off a consolidation program I reached out to was like - uh we can't help you-  anyways Im sure you can find my contact info via BP- my membership will close here soon as I will be back when we're closer to buying our first home- I am focused on building my business and such- Jesi Naomi on Social media - would love to talk- I love this membership - I just need to cut down on costs I haven't been using while getting our finances in order.   

If you are referring to losing your money on the inspection costs then you’ll have to recall that this was a tenant occupied home and we couldn’t inspect it until it was under contract.

When you sell, the $150K will be paid off at closing, only leaving $350K to be used in the exchange (I am ignoring closing costs in this breakdown). 3.

Would love advice on getting a used uint to save on costs. - Thanks!

Otherwise, you'll be subject to the experiences & opinions of those either trying to help you (yet their ignorance may cost you) or take advantage of you.PM us if you'd like to discuss more:)

The following is from Stessa in regards to your situation:"The cost basis used for depreciation in this situation is the purchase price of the home plus certain closing costs, plus qualified capital improvements (such as a new roof or other renovations).