The IRS wants you to pay taxes on the depreciation you previously claimed as deductions since it reduced your taxable income.

But you'll need to rely heavily on your accountant's guidance so that you do not take out too much taxable gain.  

Bonus depreciation doesn’t count against your income calculation.

.- when a lender is calculating the rental income to use for qualifying income - depriciation is normally a line item that can be added back 

Hi Robert,I like to utilize the 70% rule when calculating how much to spend on a project.

It does all those tedious "back of the envelope" calculations for listings within 50 miles of your city and refreshes its data daily!

Depending on the county, the assessor will pick up your sale price and adjust your taxable value to 70-100% of sale price.Insurance: Have your insurance broker get you a soft quote based on your lender's insurance requirements.

I think I have a decent grasp on how to calculate all the expenses and simulating potential gross income, including potential cash flow.

How would they calculate DSCR?

It helps handle all the "back of the envelope" calculations a head of time for all listings within 50 miles of your city.