We booked a couple people so far, with one person interested in creating a mid term lease.

This is our second rental in Indianapolis that we closed on a couple of months ago, but it has been difficult finding tenants.

A couple of things in regards to saving on taxes by utilizing depreciation correctly.

Convert the Property to a Primary Residence: If you live in the property for at least two of the five years before selling, you may qualify for the primary residence exclusion, which allows you to exclude up to $250,000 of capital gains ($500,000 for married couples) from taxation.4.

Thank you everyone,  I appreciate all the help except for the first couple responses. 

However, if you want to press on, here are a couple of ideas:Install a coin-op washer and dryer and use the revenue to reimburse the tenants.

I’ve gotten $10k in returns from a couple of 6 month loans, and some EMD loans. 

I’ve had a couple approach me with this same question, only because I manage a few of them.

Hello, I manage a couple student houses.

Currently we are looking into a couple of properties in Zip code 43206 and wondering if you can share inputs about the area from the point of view of safety, tenant pool & growth/appreciation.I have lived in the zip code of 43206 for over four years.