Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago, 04/29/2019

User Stats

118
Posts
46
Votes
Rick Turman
Pro Member
  • Flipper/Rehabber
  • findlay, OH
46
Votes |
118
Posts

Pass through Depreciation

Rick Turman
Pro Member
  • Flipper/Rehabber
  • findlay, OH
Posted

Going to be diving into some rentals here in the next few weeks. I'm actively making deals, but most out this way want too close to Market value as supply is diminishing. I have built an LLC for my active Flipping Business, however thinking of keeping these new coming Rentals in my Personal Name for Depreciation purposes.

My question for my BP Family, and really the only thing holding me back in this structure is, can the Depreciation of 27.5 years be passed through an LLC to the Sole Member as it would in the Personal Name?

Reason i'm asking is if I pay all cash, I can get 80/20 Cash out Refi with no seasoning in a commercial aspect through my business but if done on a personal basis, that seasoning of 6-12 Months follows Fannie and Freddie's guidelines.

Has anyone else done this before?  What is your take on this?

Also, if Syndicating, do you syndicate Rentals through Personal or Business Name?   Does depreciation work the same?  Thanks guys, and looking forward to these responses.  

  • Rick Turman
  • Loading replies...