Will I use this skill on a regular basis, or rarely?

@Jay Hinrichs - suppose I learn something new every day!

I talk to national firms every day. the sentiment is overbuilt. maybe not for one person building one house but institutions are avoiding it now 

Not bc of their cost basis (bc that's their issue) but moreso do to the fact that they could get jammed up on their equipment rental, which could impact the project, ultimately costing the developer.

In this ever changing world we live in, property management and business owners must adapt and change on a regular basis to keep up.

Both me and my spouse are salaried employees with W2 incomes.Based on the above numbers, what will be the basis for rental depreciation?

It's a little esoteric because it's more theoretical since it just feels like cash is leaving your pocket.The pay down of principal on a loan is included in the net worth return calculation because on a monthly basis the liability is shrinking, thus increasing your networth on the other side of the equation as assets are subtracted less and less each time.Also I might be mistaken but wasn't the equation from Craig Curelop's book? 

Apparently the police are there on a regular basis, making it very problematic.

So probably at a much lower tax rate than the practice.Any extra income goes to purchase more real estate with higher depreciable basis to offset the additional revenue from the rental to the practice. 

I've reached general partner status and am growing my syndication business every day.