What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.

She wants to stay2.

Hi, I am reaching out because a couple of properties that have equity and I am looking for ways to pull some of that equity to redeploy the money into the properties to do improvements to maximize my income streams by building ADUs.

Until you know the process you do need a good RE attorney who knows the process well.

I am wrapping up my licensing education with the intent of being able to buy and wholesale solo part-time, while keeping my full time job.How would I go about finding a brokerage that would sponsor me as a sales agent while allowing me to have this flexibility?

For BRRRR investors, seasoning requirements can significantly impact your ability to quickly recycle your capital.While most lenders require you to hold the loan for at least 6 months (aka "seasoning"),Fabulous 5BUY - short-term bridge financing to help you with investment property acquisition.REHAB - With up to 100% rehab financing, you can stay liquid through renovations.RENT - Tenant in place or future tenant.

Partner Driven saw an excellent opportunity in the Morgan St property due to its low purchase price of $60,000 and the potential to add significant value with renovations.

Looking for some advice on how others have structured a 3-way partnership. 

I know to give adequate notice before entry and would like the tenants to be there at the same time.

Also, what are you doing to make sure you are speaking to the actual landlord and not an applicant's friend posing as their landlord?