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Happy to review some BRRRs i've done recently to provide some context.

If you refinance again in the future, you tell the software that you "sold" this intangible asset (using the date of the new refi) and it should write off the remaining amount.Looks like there is another post about it on BP - https://www.biggerpockets.com/member-blogs/237/1104-amortizing-loan-costsThis does start "getting into the weeds" so it's probably worth getting a tax pro involved (or at least get a consultation/review.)As for your other question, why the tax that you owe goes up when you add more expenses in your tax software...

Technically, you don't need an attorney, but even as the paperwork says, you can't do attorney review or modify the contract legally without an attorney. 

The home is worth about $100k (my own unprofessional comp. review).

When reviewing the PPM, be sure to check that this is not included.While reviewing a PPM, my friend noticed this clause:The Company shall indemnify, defend, and hold the Managerharmless from any losses, damages, and costs that relate to the operations of the Company to the fullest extent permitted by law.From the PPM, my friend noticed that the Management and the Sponsorship team appear to be the same people.2 questions:1) Does that clause in my friend's PPM mean that in fact, the sponsorship team is putting the clause that is NOT recommended by Perlman's article?

This means that even if you wanted to start a construction project you wouldn't be able to because you are unable go through intake for review or pull permits nor can you schedule an inspector to come perform an inspection as everyone is Sheltering in Place. 

There's several QIs here on BP and you can actually check our reviews on the profile front page and talk to actual BP clients. 

You should have reviewed them with your attorney, title agent, or other trusted professional. 

Hi, We keep analyzing houses, but I'm just not
sure the numbers are making sense. If anyone knows a resource for more
detailed explanation on how to use these calculators, I would appreciate some direction. I've s...