With the 2025 “Beautiful Bill” officially bringing back 100% bonus depreciation, this question just got a whole lot more interesting.Here’s the real talk from a CPA’s perspective:Condos often have the edge.Because you don’t directly own the land, more of your purchase price goes toward “depreciable stuff” — like appliances, flooring, lighting, and fixtures that can be written off right away.Houses can still win.If the land value is low or there are big outdoor improvements (pool, driveway, fencing, etc.), those can also qualify for bonus depreciation.Key move: Do a cost segregation study.

Quote from @Kwok Wong: Hey everyone, I’m working on structuring my first few fix and flip deals, and I’m a bit confused about how to properly combine Hard Money Lenders (HMLs) and Private Money Lenders (PMLs). 

The government shutdown paused official data releases, but private reports still gave us a glimpse into what’s happening — and it’s pointing toward slower job growth, steady housing momentum, and likely lower rates ahead.💼 Private Sector Job Growth Stalls in SeptemberADP reported the private sector lost 32,000 jobs last month — a sharp miss from the +50,000 forecast.

In order to set up what you are trying to do properly, you need an attorney AND a CPA who agree on strategy and structure so things work in tandem. 

Include basement and attic as existing.Turn off the water (if not needed for heating) at the street, and transfer all utilities into the owner's name.You may remove and properly store any tenant items left behind, and that is at tenant's expense (collect that amount before you release the items). 

Did you provide proper notification.

As the lender, I would also want one because if I try and sell the note and its not properly underwritten and does not have an appraisal then the chances of getting better valuation on the property is going to be  very subjective. 

A little about me - I've been learning, networking, and running the numbers for a while, and today I officially signed my first real estate deal!

My name is Skyler, and I’m excited to officially join the conversation here.

Many VAs are now gaming the system:1) Working multiple jobs2) Outsourcing what you assign to them3) Using programs to pretend they are working4) Really don't care about the work they do, so do bare minimumIf you properly understand all this, you can interview better, track KPIs to track performance and find good workers.It's no different than screening for good tenants.