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Updated over 8 years ago on . Most recent reply

User Stats

105
Posts
31
Votes
Greg Rutkowski
  • New to Real Estate
  • Las Vegas, NV
31
Votes |
105
Posts

May need to become a Landlord...

Greg Rutkowski
  • New to Real Estate
  • Las Vegas, NV
Posted

Hello to all,

I'm currently an owner/occupant, but issue have come up that may force me to leave California for some time. I have been in my house for 1 year this month (Aug. 2016).

I have tried use the calculators on here, to see if I could make this property attractive to anyone, while still at the very least breaking even. The numbers just did not come out. Thus this post.

As a landlord, I will gain the ability to depreciate the property. I would like to gain insight of real property depreciation. I'm in Lancaster California, so I would love to hear from landlords in the state, as well as LA County.

Thank you all for your time,

Greg

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