That wiped out years of rent, but also unlocked the property’s full value in a prime location.

So even if it’s just for a year or two, using the buildings as temporary storage or workspace could unlock meaningful deductions.There are a few caveats, like making sure the use is legitimate, tracking any related-party transactions properly, and planning for potential depreciation recapture if the property is later sold.

If you're serious about connecting with people in your area and finding mentors, the Pro membership unlocks a lot of features that make it easier, like the ability to send direct messages to anyone on the site and access to the full member directory.

Here are some additional FAQs on cost segregation including prices that you may find helpful. https://www.biggerpockets.com/forums/51/topics/1113749-cost-...

Simply adding the additional tenant to the current lease and outline stipulations? 

This valuation will result in at least 6 digits of negative equity for a hands off ADU addition.  

(Or are you just doing it all yourself and your agent is basically just unlocking doors?).

Good day, I have a rental property in South Florida and I'm thinking about adding some square footage (additional bedroom and bathroom).

I'd really appreciate any advice on how you got started, how you find off-market deals and any additional additional tips you are willing to share.

Would love to dive deeper, this might be the kind of creative financing that unlocks momentum for newer groups like ours while we build investor capital.