In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).

It was just brought to my attention this morning that the marketing email didn't specifically outline a final date to register with the exclusive early access discount.

Does anyone have a map breaking down the Phoenix market area ?

I was running an sms campaign through an overseas assistant, but I've been researching AI sms marketing platforms that actually handle conversations from beginning to end, qualifying and disqualifying leads. 

Where are the best markets to target in and/or near NJ in 2025?

List price is 320K and it has been on market for 60 days.

I hope you are doing well and sounds like you are an experience investor in this market - would love to maybe grab coffee sometime and hear about the experiences you have gain over that last 15 years!

Five units and above is a commercial property, and is handled differently in the market.

Hi Daniel, Columbus GA has properties much lower in price than the metro Atlanta area, you should do fine to learn your local market.

I'm new to the market but not new to investing and looking for wholesalers and other investors to work with.