@Dan Handford Under the new tax law can't you use bonus depreciation on all of the items that have a depreciation life less than 15 years?

It looks like it is in rough condition from the outside, which may be why it is still listed even after 6+ months.

Right now I'm working on renovating hallway areas of an 8 story condo building and we will be removing (or creating) surplus materials - 8" stained/unpainted egg-and-dart crown molding, chair rails, and more than 200 light fixtures, - all in good condition.

I can't speak for other folks, but on my properties I have my accountant accrue the property tax payment over the life of the property tax period.

From what I understand so far, wholesaling, flipping, renting, seller financing, and lease options are exit strategies but I'm rather confused on how they're "exit" strategies More like "conditions" and if a condition is not met the contract can is void or voidable. 

I've done the same for recently sold similar condition and configured properties to get idea of cash on cash returns in neighborhoods I'm interested in.  

@Jessica Chow can you upload photos of the existing condition?

We were all set to close on the sale of my flip until my buyers lender decided they needed a few more conditions cleared: It is a high interest (8%) jumbo loan with 10% and low 600 credit (640 maybe?).  

Hacking your first property and then maybe a second one a year later will change the financial trajectory of your entire life, even if you don't do anything further after that.Welcome to BP and to Milwaukee! 

I've done the same for recently sold similar condition and configured properties to get idea of cash on cash returns in neighborhoods I'm interested in.Mostly between $200-400K.