In order to determine if your property is eligible and ensure your assets are assigned to their respective recovery periods, a cost segregation study is needed.A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

Melissa Justice was our investment strategist and she was a true gem.

I'm a licensed contractor in NYC and I have a good friend who's family owns a property here in Crown Heights Brooklyn that’s basically all paid off and taxes are up to date.

I will then use my current home I am moving out of as a rental property. 

Purchase price: $50,000 Cash invested: $50,000 My first investment was a three unit deal for $50,000 cash.

Quote from @Kelly Kitchens: I am a developer, investor, commercial Realtor and I build multi-family projects.Hi @Kelly Kitchens, welcome to the BP Forum!

I probably also need to find a realtor who specializes in multifamily who can help me find a plot of land that can be used for this purpose. 

Hi I am looking for HELOC on a primary SFH...speaking with some lenders I've run into two issues....(1) some won't give you credit for rental income if you haven't owned the property for two years (show two years of stable rental income) which can skew your DTI unfavorably (2) one lender said they don't give a HELOC if a borrower is carrying more than 6 mortgages.Would anyone have any leads for a potential lender?

I just bought my sixth property and State Farm is telling me they have a limit of covering a maximum of six units for an individual.

For example, adding little things like a pack-n-play, high chair, and coloring books can attract more families, or a dedicated workstation can help snag business travelers to fill in during the week.