You wouldn't do a Cost Seg on a SFH that was purchased for $45,000 that you plan to hold 2 years.

I meet prospects, draw plans, price custom homes, do the contracts, meet customers and sub contractors on site.  

@Chandler LegerCongratulations on your upcoming multi-family property closing and your plans to explore house hacking!

We are getting ready to start the rehab process on an investment property that we plan to use as a Section 8 eligible rental.

We tried getting them on payment plans but it didn’t work.

You have a great plan.

If you want advice on real estate investing and the tax and financial strategies associated with it you should work with a tax strategist with real estate investing and financial planning experience. 

@Andrew GrantI think one of the biggest differences between H&R Block and someone from this forum is their ability to help you with tax planning as well as filing.

Their plan is filed with the court and the court and the creditors object or agree to that plan.

I now plan to sell the property in January 2025, or Spring time depending on market, and am hoping to avoid capital gains because of the 2 year hold period.