Ensure your target Class B properties can truly generate positive cash flow after all expenses (mortgage, taxes, insurance, vacancy, repairs, capital expenditures, management fees).2.

There are a lot of apps that you can generate burner lines that won't get marked.

Has anyone worked with Generational Wealth MD?

Buying Existing HomesNew construction homes are often less ideal for rental properties when you still have a mortgage on them-mainly because:Appreciation potential is slower compared to homes that have already been rented.Rental yields might not be as high as older properties with similar square footage but lower purchase prices.Rent-to-price ratio may not generate enough cash flow unless the mortgage is paid off or nearly paid off.That being said, new homes are still great assets for long-term appreciation.

They both offer many of the same features but Freedomsoft is geared more towards lead generation and management. 

The loan on the deal increases the total allocated purchase price, giving you depreciation benefits on a much larger base than just your equity contribution.Example: A $250K investment may generate $250K + in year-one tax deductions.What This Means for Your TaxesHow you can use these losses depends on your personal tax situation—especially whether you own other real estate or qualify as a Real Estate Professional (REPS).Without REPS: Depreciation can only offset passive income (e.g., rental income, K-1 distributions).With REPS: You can apply those losses to active income—like W-2 wages, business income, or commissions—dramatically reducing your tax liability.For high earners, that can mean writing off $100K, $250K, or more in income—just by investing in the right real estate deal.How to Qualify for REPSTo unlock the full benefit, you must meet the following criteria in a given tax year:Spend 750+ hours on real estate activitiesSpend more than 50% of your total working hours in real estateShow material participation in property operations💡 Pro tip:If you’re married, only one spouse needs to meet the REPS criteria to unlock the benefit for the entire household.

Generating passive income AND enjoying free vacations.

This enables us to categorize and reconcile transactions efficiently, and then generate detailed reports for each property, giving you clear, organized financial insights.

Then in our software we generate the 1099s based on the auto posted charges.

I heard that there are some online companies that would do it for around $1000 but I personally would never use something like that, only because I'm not sure if it will hold in case of an IRS audit.Cost seg. will definitely return the investment if you can use the losses generated from the accelerated depreciation to offset other income, i.e. you qualify for the Real Estate Professional Status or to offset the income generated from the other profitable properties.