Whether you do that or not I don't think that will solve your problem (and I would generally recommend against it if it's a decent property as lots of Section 8 units together concentrates poverty and can bring a property down; yes there are plenty of good Section 8 tenants but we're speaking in aggregates here).The big thing you need to do is find a way to get all of the problem tenants out.

But when you purchase a property, your basis for deprecation is the cost of the property to YOU (except in the case of a 1031 exchange, the rules are a bit different).

Unfortunately, on a property this age you don't anticipate it. 

As long as you intend to live in the property as your primary residence, then a primary residence mortgage is appropriate.

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $394,000.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Listings with advertised offers of compensation are no longer allowed in an MLSPrior to this weekend, NAR members who listed properties included offers of shared commissions within their local MLS.

I took the first property and paid last month. 

The Elysian Fields Ave property was an attractive opportunity due to its promising location in New Orleans and potential for a strong return on investment.

You can double your money in one year if your property appreciates only 5%.

This second document is what makes the property security for the loan.