If the daylight basement is being rented as an STR, can you still take bonus depreciation on the daylight basement square footage if it is 48-50% of the total square footage of the home?

My dilemma is that one of my properties is worth about $400K and I owe ($40k on a HELOC & $50K on the mortgage) and I'm on tract to pay them both off in 16 months- paying ($2000 from the renter and me paying $4000 a month on the HELOC= $6000 per month total) I plan on doing this until both loans are paid.

;-) How much total did you invest in this SFR?

It appears the base zoning must allow for the creation of 3 units in order to lease a total of 8 bedrooms.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Assess Current DSCR: Calculate your current DSCR using net operating income (NOI) and the total debt service from your existing loan.

Outsourcing the 3000 would cost me .277 more per piece but that doesn't take into account my time, wear and tear on my equipment, 3 trips to the post office, making a total mess of my office, etc.Put another way, knowing I can only do about 40 per hour tops times the .277 per piece I save by doing it myself, comes out to $11.08 an hour.  

Your total rent is $2,500 on a $500,000 purchase price which would be 1/2 percent rule.

But when you focus on EFFECTIVE purchase capital requirement, notice how that 1 little change of wording totally shifts mindset, focus, everything. 

While I secured the initial financing for the property, I have two other partners/groupings (a total of 6 people) that are contributing to the closing.