Of course the assistant is going to claim there’s value, that’s what he’s paid to do and say. 

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

BPs calculator is good and I like to use it.

It’s going to be hard to get more than the property’s worth.

Over the past two years, I've completed two primary residence renovations using 203K loans, created one LTR, one MTR, and now I'm excited to expand into flipping.I'm focusing on the Beaverton area and looking to connect with experienced investors who can recommend reliable lenders, wholesalers, or other deal finders.

First I want to thank you for reading, I am new to the investment market and the idea is exciting and terrifying at the same time.A few facts:Purchase Price: 325,000Rental Income Estimate: $5250Property details: This is a 3 door property:1. 1/1(main building)2. 3/2(main building)3. 2/1(separate building)Repair estimates to get all 3 properties up and running: $145,000 - $200,000I do not have a ARV since its very unique there is not anything we can compare to but I am looking to get a third party appraisal.Plan is to do a mortgage for the property with cash down payment.

Has anyone ever tried to increase the size of a PEMB?

Total return used to allure me but no more.

I'm underwriting an 80+ unit property and it seems like the purchase price is too high compared to the market.

The seller already has given me a good deal on the property due to her being forced to return to NYC for work post-covid (seller is paying $20K out of pocket after overpaying for the property 2 yrs ago, and sellers agent is taking a commission cut to make the deal work).