That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”Under MACRS, depreciable assets are assigned to different classes, with each class having a specific recovery period.

You're buying a specific property, in a specific location, in a specific condition, subject to local rules and regulations.

Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.

Are there specific features traveling nurses value most in a rental?

Most are traveling professionals needing an alternative to a thousand dollar a week hotels.

@Cristal Ochoa @Leiah DotlichI will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

The problem is no one book is going to be detailed enough for your specific state and county.Right here on BP there are lots of discussions about tax liens.

You need a local/state specific lease.2.

Do you have specific numbers to share with the forum, particularly with respect to your in-laws house?