My question is how should I determine the right rent to charge in a place like this.

We now need to determine how much each of us will bring to the closing table for our first property.The situation: I am in part time commission only sales role and am a RE broker.

Quote from @Basit Siddiqi: I would prioritize the sponsor performance(life of the fund) and experience over cash-flow and depreciation.I would also look to zoom down on the asset class along wtih the region you want to invest in to then determine the fund sponsor you want to go with.Asset class - residential real estate, commercial real estate, data centers, mobile home park, etcregion - north east, south, west, etcThen when you decide on a few sponsors, have a call with their investor relations team to see if the sponsor will decide on getting a cost segregation study.Bes tof luck!

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."

The IRS allows deductions for business assets if they directly support your work.

You can’t use “strangers on the internet” as your defense against the IRS invalidating your exchange. 

I understand your template follows the IRS ATGs, which sounds helpful.

-New to Multifamily investing, but don’t let “new” fool you — I’m hungry, coachable, and ridiculously determined.

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

Not sure how the IRS treats primwry homes owned by multiple people who a rent all treating it as their primary.