Am I misunderstanding you?

Big “misunderstanding” about this economy as most people have jobs / income.

I understand that units that are 5+ are evaluated differently as far as leverage being used.Any help or clarification if I’m misunderstanding or even if this isn’t an area that apartments work PLEASE feel free to shareThanks in advance,Pretty nervous

I am still new though so I totally understand that I could be misunderstanding the process. 

People often have a misunderstanding of depreciation recapture.Yes, you do have to include the depreciation recapture as income in the future...BUT it is taxed at a maximum rate of 25%You may also benefit from a time value of money aspect - I would rather get a deduction now than potentially having to report it as income in the future.

Am i misunderstanding something here?

Or, because its their policy since the E&O policy won't cover self-representation, but I think that is their misunderstanding. 

@Julee Felsman maybe I am misunderstanding but that would only work if you don't have an existing mortgage, correct?

We mostly have weekly rentals and last year there was a misunderstanding with the cleaning crew and our new guests checked into a house that hadn't been cleaned. 

Or am I misunderstanding the streamline and the brrrr?