It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.

This also goes for what you're grouping into OpEx...some are just overall business management so the asset looks worse because of your accounting for them.Overall though, $6k of cash flow, $Xk of principal paydown, tax benefits, and 3% appreciation seems like a fantastic investment.

This safe harbor generally allows you to expense items under $2,500 per invoice or item, but since your fence replacement exceeds this threshold, it doesn’t qualify.As Michael mentioned, for the tax year 2024, you could potentially take advantage of a 60% bonus depreciation if you conduct a cost segregation study for your property.

I am contacting you to formally request validation of the alleged debt concerning this account and to inform you that I hereby dispute the validity of this debt.

Savings rates through high yield savings accounts and CDs are almost at 5% (maybe 4% now) but they'll much more passive than real estate.

If you don’t need all the cash immediately, you could store the unused portion in a high-yield savings account or line of credit for future investments.HELOC Option: Another alternative is to consider a Home Equity Line of Credit (HELOC) on your paid-off rental.

HouseMax agreed that I am owed the full $14k, but they informed me that the "investor" and loan servicer (FCI) are refusing to refund the amount.I'm unsure who should be held accountable or what my legal rights are in this situation.

Account Closed thanks for the response! 

Quote from Account Closed: I’m planning on purchasing rental properties in the near future.

Your accountant uses the form 8824 to report the tax deferral and set up the new depreciation schedules.As to your other question...Dude.