Hi I’m Tyler, and I’m trying to find an off market deal in the Houston area.

and how are you finding buyers?

Any tips or suggestions I should keep in mind?

What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.

I’m seeing lenders holdback this amount.

The triangle in general is booming with growth.

Also, could you describe how this method helps you in acquiring leads?

You might be able to check how much inventory is already in the areas you are looking.Happy to talk through your plan in more detail and let you know how my experience has been.

Purchase price: $150,000 Cash invested: $20,000 We live in one unit and rent the other 2.

I don’t market in your territory, but the same applies to any market.