Hi all,Spent all morning trying to research this and get conflicting answers, so let's try the BP hivemind.1) Is depreciation recapture ALWAYS taxed at 25%, or is it taxed at your ordinary income rate UP TO 25%?

If you think you can rent this out as a short term rental, then that is another story and I think you're 10k could be well spent to increase cash flow.

I have 8 units from '23 and spent the first 6 months looking, buying, deploying 16 more units. 

We just finished two single family homes that were in very good condition when we bought them and we still spent 25k on one and 35k on the other on cosmetic upgrades.

My husband and I have spent the beginning of the year digging into books/researching as we are hoping to buy our first rental property this year.

But I know the city well and spent 5 years on the ground in the Detroit area.Newer folks need to do a ton of research and/or work with someone that has a ton of experience and is going to be honest with you.Detroit can be extremely block by block.

You had mentioned that you spent 6 months researching before November 2016 with some of that time creating an excel model.

Hello Gil,I'm another local to SATX also spent some time in the military but now I'm out and enjoying the "dirty contractor" gig.

I am a big believer in educating myself and have spent a LOT of money on Guru programs.

But I have spent way too much time stressing about what was supposed to be a passive investment and now I have to do the work to dispose of the Assets that he was supposed to do.