After reading Rich dad poor dad when I was 16 and began reading more of his books it was clear that a duplex was the way to jump start my career as an investor and more superior than a single family when it came to cashflow.

Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elements and roofingBasic HVAC componentsWater heatersFire protectionThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

Rents started to come down and I had to leave a lot more money in projects that I was in the middle of.  

Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.

I'm brand new, just getting started, so trying to get everything in order.

I am starting to get Lynn section 8 folks calling, but I have not gone through the process with them to know how they are with rental amounts.Yes, the ones with sec8 are in Haverhill. 

Quote from @Diana Mulvihill: Hi all,Looking for some advice, please.I started my STR about six months ago, and it’s been going great.

It would be a good way to start networking.

Their a/c starting leaking and has missing ductwork, and is blowing air in random places.

DSCR programs start at no seasoning when rehab is done, otherwise, many offer 90-day seasoning.