It might be different if it was a primary residence but with renters the wear and tear will be much greater and any small issues magnified.

Get a cost seg study done.Once you convert your primary residence into a rental, you can get a new cost seg study done and take bonus depreciation to offset the new rental income.5.

As I’m starting my real estate investment journey, would it be a wise decision to rent out my primary residence and seek a temporary rental for myself while I save money to purchase an additional property for investment?

If you’ve ever though of retiring outside of California that could be the ideal place to buy a “nicer” property that someday may work better as a primary than a rental.

can someone describe to me what velocity banking is? all the videos I watch don't seem to make sense to me. I love the idea of owning real estate free and clear.

I don't think we stop here, I would not bat an eye at 5% re-surfacing and 30-year FRM being near 8% for primary by EOY, maybe shortly thereafter.As supply increases, and rates increase, this is going to force a correction.

Looking into buying a new primary home.

My guess is they will have a very good, logical explanation on how things 'went down' with your taxes.  

We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary.

Purchase price: $191,000 Was my primary home, kept it and bought another.