All Forum Posts by: Taylor R Herschleb

My wife and I are looking to potentially by a new primary residence and turning our current primary residence into an investment property. If we do this, would we be able to take advantage of the tax benefits of investment property which would've been purchased directly as an investment, like depreciation? If so, could we obtain all 27.5 years of depreciation?

 The link is in the book. That link works, however the secondary link does not.

Just curious, but when you're posting your MTRs, do you strictly keep to 30+ days or do you allow 1 week stays (or even weekends) as well to fill gaps?

Taylor

I am currently under contract on a duplex. The main part of the house is a 3/1.5 and it consumes the front part of the building. The back of the building has an attached studio "cottage". I am thinking that about setting the the 3/1.5 up for an LTR and then furnishing the studio to use as an MTR, since the property will be 1-2 miles from one of our major hospitals. Has anybody ran into any issues with blending their property as a LTR and an MTR? 

Thank you Conner, Brandon and Nicole. I appreciate taking your time to respond.

I have started researching MTRs in my area, but I am not really sure how to swag the vacancy rates. Any insight on how to arrive at this number (either nationally, regionally or preferably locally) would be helpful.