Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

There are also a large number of accountants we work with who say that as long as it is done at arms length as a business like transaction then they are fine with it. 

It doesn't take long to learn how to spot a good deal.6.

Ultimately it is either a long process to get a check/fix, or they deny the claim.    

Although I am still new to real estate, the  strategy that seems most appealing to me is long-term rentals, but in regard to investing in real estate, I am very open to any other strategies in the business.

The big unknown is how deep the electrical and plumbing work will go.Also, with the attached 1/1 unit, I’m debating whether this could work as a long-term hold instead of a straight flip.

Can they prove how long it takes to rent a vacant property?

you'll probably still need something long term like software as others have suggested but this was a thought i had... you could see the actual profit or loss from a tax perspective for each property.

That's if you wanted to buy land and build them within that timeframe you are permitted to as long as you can close within 180 days. these are 3 story walk up triplexes urban infill with tax abatements. we have 8 approved so far. you could also look at land plays to grow. i don't know how much you are receiving from proceeds but I could do a few financial models to show you.

:Before you go too deep into the process, look at how long the period of time is for the system to recover its cost from operational profit.