Understanding IRS Section 179 is key to optimizing your tax strategy.179 lets businesses expense certain assets upfront instead of depreciating them over time.For 2025, up to $1.22M of qualified equipment and software can be expensed, but there are limits.The maximum investment threshold is $3.05M, reducing the deduction dollar-for-dollar if exceeded.Additionally, the Section 179 deduction cannot surpass your taxable business income, and some assets, like real property, generally don’t qualify unless specified as "qualified improvement property."

At the end of the day, when I gear up to buy a property, I look at basically everything that has sold in the nearby area, I look at a lot of comparable rentals, I make a qualitative assessment of the condition and location of the property against everything else, and I peg a value on it.

Yes, we have a number of users that are searching for 2-5 unit properties.

The Tenant Classgreatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

@Wayne BrooksWhat type of work needs to be done on the property?  

You skiptrace a list, upload it into a text blast software and then it sends a text message to the list.

Partnered up with my partners who were interested in Real-estate and this property was introduced to us shortly after by an agent we knew.

You will want to make the property as indestructible as possible with products that can last a long time.

@John DavisCongrats on closing on your first investment property!

You could also see if there any vacation property managers in the area.