All Forum Posts by: Randy B.

I have heard that depreciation can be accelerated on all but the land - which cannot be depreciated at all.  After some investigation, it appears that even the building itself can only be depreciated for 27.5 years and it's the fixtures and other items like parking areas, appliances, etc. that can be depreciated in shorter time periods.  Any feedback or clarification you can provide will be welcome!

@Jason Meadows

Getting an 80/20 has become more difficult and the interest rate on the second is much higher than the first. In addition I don’t think lenders will do an 80/20 unless it’s owner occupied, most likely not on an investment home.

Randy

@Todd Dexheimer

Thanks Todd! That clarifies it for me too! I appreciate the honesty and directness.

Randy

@Gualter Amarelo

Great answer! I’ll take your advice! Thank you Gualter.

Randy