The better-than-expected employment report suggests the economic recovery is growing deeper roots, giving the next occupant of the White House some breathing room when he takes office in January.

Properties are depreciated on the MACRS (The Modified Accelerated Cost Recovery System), which defines building and structural components of a residential (including multifamily) property on a 27.5 year schedule.

Hard to make forbearance last forever with no prospect of recovery.   

I thought originally thought it would only take me 6 months to heal but now it's a little over 6 years of recovery.  

I want my freedom back and I want to be able to have a family in a few years and actually spend time with my kids as well as building their future.Then why are you ever thinking about buying anything that starts you out by setting you backwards...and has no guarantee of any recovery from it. 

A personal guarantee means that you can come after their personal assets to recovery your lost rents.  

  $2k/month ($24k/yr) would get you a recovery of your cost in a little over 4 years. 

One of my sons is going through this with my granddaughter who is in line for academic and athletic scholarships to Duke.

Takes time to recover. I

I'm originally from Philadelphia, PA, and went to school at the University of Missouri - I was a student-athlete on the track and field team.