While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.

@Sequoiah BriseñoCalifornia multifamily sale and 1031 exchange purchases mandate landlords or property owners to issue 1099s for payments of $600 or more to a sole proprietor, LLC, or partnership, and request a W-9 from each vendor by January 31.Good Luck!

Since this is a subjective increase and NOT a law or mandate, then it sounds like I will be shopping around for other mortgage lenders in the area.My follow-up question is: If I (1) find a mortgage lender that has a more competitive interest rate, (2) I close on the investment property at said interest rate, and (3) later on find a good deal to purchase a primary residence - Would I expect to see the interest rate of the primary residence/second purchase be about the same 3.625% interest rate that I was originally offered?  

Few applicants familiar with county and state mandates pushed by local politicians are likely to voluntarily disclose information about convictions, felony arrests, or bankruptcies.

Since the Fed has a dual mandate to keep unemployment low and inflation low, it is acting differently from Europe who is raising rates because of inflation, with a single mandate.

POS = Point of Sale.This is a mandated inspection that cities perform on properties.

Some mandate the color of your front door and mailbox.

Resolution 2023-10-03, passed by the Board of Commissioners in October 2023, mandates that all short-term rental unit (STRU) cleaning companies must pay a fee to dispose of the waste produced at the overnight rental units they clean.

The form is state mandated.

It might not get redeemed and then you could wind up on the title and responsible for an EPA mandated clean up.