If a Cost Segregation Study had not been performed on this $883,000 Apartment Complex located in Vista, California, it would have had first year depreciation of approximately $32,700.

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.

I file yearly tax returns with the IRS.In the USA I own a house (which stays empty when I'm not in the USA) and three duplexes that I rent, all of which are located in AR.

I would certainly have them sign a short-term rental agreement prior to them checking-in however to protect your self from tenancy laws (not sure where you’re located).

Any recommendation is appreciated@Jun Lopez I don't think the location of the CPA matters provided that they have a solid background in Real Estate and software/tools to support you remotely.There are 20+ real estate CPAs commenting in this forum.

Using conventional Wisdom Kinda tough with connecting cross country and knowing very well, seem like the right forum ti help my group, brothers on the rise, we got drones and tree planting  yeahhhJudicial,Collateral,Unsecured,Secured,Seller,SyndicationMortgage Brokers (sophistication, in lending terms) “15% ROI Margins”Tax attorney(Roth,Judicial, Sophistication) “10% ROI”Accountant (how much and where Terms infrastructure legalities) 7% ROIMortgage broker (lending acquisition all major lenders ,TD,RBC…….

It's located at Jonathan's on Tuesday mornings 8am - 10630 Independence Pointe Pkwy, Matthews, NC 28105.A lot of investors, including wholesalers, at that meeting to network with and learn from.I would also recommend educating yourself through books.

Secure construction loan financing to build duplex / multifamily (Would need to know the local comps)(Easier to get a construction loan because you own the land)4.

Having a cart included is not unusual in the community my rentals are located in.

This can be used to:---Plan a faster RentReady flip---Alert the tenant to potential Security Deposit charges, giving them the opportunity to fix themselves.