We are thinking of getting a cost seg study for an SFR that's a short term rental.

I was able to get more clarity on legal (and additional) costs, which will be covered in the event the liens are redeemed.

Since they are solely transaction based and don't have to deal with tenants after they move in:1) Many are only interested in getting their commission and moving on2) Many think they are doing everyone a favor by working with a lease client, because they could be making so much more working on sales transactions3) Many complain about screening processes as they only see them as:---Potentially costing them their commission if their client isn't approved or finds something else during the process---Slowing down their commission payment4) NEVER allow an agent to screen a leasing prospect as they have a conflict of interest!

That means I brought $100k as my down payment and paid about $20k in closing costs, so I'm all in for $120k out of pocket and my loan note is for $400k.Second Leg:Loan Note: $400kCash Out Refi Amount Request: $500kClosing Costs: $10kNow for the second leg here, let's say almost immediately after closing within a month or so, I want to do a cash out refinance to pull my entire down payment out.

You just relist the asset on your 1065 (Form 8825) tax return with the adjusted cost basis (the original acquisition cost with whatever depreciation you took on your 1040).

As long as that portion costs more than $100k exchange.

They have a different cost basis.

A history of past sales can indicate their effectiveness in the field.

Acquisition cost was $700k; reno costs about $165k; furnishings about $35k.

Should I do Cost segregation before or after rehab?