However, whether you can use cost segregation depends on how the IRS views your intent and use of the property going forward.

Tenants were informed that the building was now under new management, and all rent payments were made to the LLC.

My market of Milwaukee and other midwest markets are probably going to be your best bet.

Or, if you are a talented stock picker, use some profits to buy real estate.Either way, continue to own appreciating assets, because there is no stopping the inflation train.

When you go to sell, you're subject to tax on the amount of profit between your adjusted basis and sale price, not your purchase vs sale price.Recapture is not repaying the depreciation.

https://shorturl.at/0adHXThe author lays out his argument that the housing market may be on the cusp of another major downturn. Rising rates, affordability stress, and valuations detached from fundamentals are flashin...

Replying to Harlan's fear of Crew continuing to collect rents and keep his principal for a Decade.Crew will not be able to continue much longer.

Just as important is being named as additional insured under their policy.

The tenants likely know they are getting a great deal and the party won't go on forever. 

I don't own any properties with asbestos siding and I have my concerns, so I hired an asbestos professional to go check it out, grab some samples and conduct testing.Still waiting to hear back from the Asbestos testing but I wanted to know if anyone here has experience, knowledge and or own any properties with asbestos siding?