The garage was just a bonus.

Look for one that invest’s themselves, bonus points for the same niche you are targeting and more points if they are active here!

This included 3 Apartments plus a bonus 16 bay garage with below market rents and high vacancy.

My initial feeling is to give him money after we close on deals anywhere from $500-$1,000.. but I was also considering giving him a volume lead bonus for tiers like for every 250 houses or 500 houses and also give him a weekly gas card like $30 per week.

This strategy decreases your risk exposure, improves your cash flow, and leverages your existing equity to own significantly more assets.

Does anyone know if I can do a cost seg and use bonus depreciation on a short term rental property to offset my w2 income, if I don’t have real estate professional status?

It does great with outdoor tiling projects with limited exposure to the elements over here in western PA.

Or can you Bonus Depreciate Solar Panels?).

This may or may not be something then that you would be required to let your lender know about (but might still consider doing for a perk)If your lender has a written in rental restriction, it’s likely they will want information on your renters- odds are if they do want any info, they have a system in palace for screening them on your behalf (and theirs), it might be beneficial however to draw up a quick ‘mock’ application you can email in quickly right after the call to speed things along (just credit info, rental history, income- go the extra mile here with a couple of references if your type “A” personality to keep lender happy- BIG bonus if from previous landlords)This might be the only ‘next steps’ required on your part as well- so you could save yourself time here by being ahead of the game.

Zillow has digital lease singing, which is a nice bonus.