residential real estate is depreciated over 27.5 years, but since you took the bonus depreciation, you pulled a lot of it into the first year.2.

And hey, if you ever think about expanding beyond Louisville, markets like Austin and Scottsdale are buzzing with potential right now.Keep pushing forward, and don't settle for less than you deserve.All the best,- Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

My experience is limited to Columbus, Ohio, where I own small commercial buildings and over 100 residential units.

I believe that having multiple properties can enhance the performance of each property I own.

If you can claim real estate professional status, you can offset the losses from the real estate against the income from the retirement distribution.You may still be subject to the 10% penalty.The good thing about a condo is that you pay potentially be eligible to depreciate more of the property compared to other types of residential properties.Best of luck!

- Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

I’ve seen enough of these to know that getting the details right can save everyone a lot of headaches later.All the best with the transfer- Jasper / Pat AboukhaledTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

- Jasper / Pat AboukhaledTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC-Pat

Particularly when it comes to residential properties, most lenders would rather lend to people than LLCs.Transfer of Property: Your mortgage's due-on-sale clause may be triggered if you subsequently decide to transfer a property that you now own in your name to an LLC.

The Property No Longer Suits Your Investment StrategySome real estate investors decide to sell rental properties when changing or diversifying their investment strategy.For example, selling a residential investment property could free up capital to invest in commercial real estate or join a real estate syndication.