I’m thinking more intentionally now about aligning with real estate investors, ideally those who are scaling portfolios and might be looking for more consistency across management.That said, I’ve mostly worked with single-property owners so far.

That means:All prior depreciation is wiped cleanYour depreciation and cost seg will be based on the new FMV, not what the decedent paidCost Seg Timing Depends on Renovation PlansIf you do cost seg immediately, the FMV will be broken down into components as of the inheritance date — land improvements, personal property (5-, 7-, 15-year assets), and the main structure.If you wait until after renovations, those capital improvements can be added to basis, and your CPA can run a combined cost seg study.

The key is aligning your strategy with your goals — cash flow now vs. long-term equity vs. a mix of both.Would love to hear your goals and help bounce around ideas!

@Hoai Nguyen, I'm right there with @Charles Seaman, other than asking yourself what aligns the most with your financial future.

Our construction edge gives us real cost control, but we’re pressure testing the fund model before going live.High level: 3-tier equity stack, 8–12% preferred returns, bonus equity participation, and full refi payback before we start waterfalling splits.Here’s what I’d love insight on from experienced LPs and GPs:Does this align with what’s actually working right now?

Hello @Pratik Patel,The key is not just the property type, but who is managing it.Both turnkey and new construction can be great options as long as you have a property management company whose goals align with yours.

@Amber Stout It is important to note 100% bonus depreciation only applies to assets (building components and site work/improvements) with a class life of 20 years or less, not 27.5-, 31-, or 39-year assets (structural components) such as roofs, HVAC, fire protection and alarm, etc.

It could be in the state or outside but they have to align with your goals and vision.

That means you may not be able to deduct the full depreciation against your W-2 income right away — but the good news is, unused losses roll forward and can be used in future years or when you sell.So yes, based on everything you shared, your duplex qualifies for bonus depreciation on the eligible components placed in service in 2025.

The weakening dollar isn’t just a vacation problem, it’s a structural economic pressure that trickles into real estate, construction, and long-term affordability.As the USD slides against currencies like the Euro, CAD, and MXN, we’re likely to see continued upward pressure on construction costs, especially for imported materials — which still make up a surprising chunk of our supply chain (from finish hardware to specialty windows to HVAC components).