For a bit of context, our rental is in a large college town and is very athletics centric, so right off the bat (pun intended) I like having a sports heavy theme.

Starting 2015, do I depreciate the $165,000 for the remaining 21.5yrs of the original recovery period, or do I start new at 27.5 yrs again?

You want to talk about a totally bummed out newbie investor guy lost 150k with no hope of recovery.

Bought at the height of the CO recovery in 2005, probably could sell it for a bit more than the loan, but not making any $$ off it.

Do you know what the recovery has been for A&P market declines?  

While all I really care about is cash flow its nice to know I can sell one if I need cash. 10 years with no recovery of the original sales price is scary.I understand the last crash will probably not be a normal occurrence, but 1,000's of people in Miami were way over leveraged and lost everything.

Check the recovery (or breakeven) period on the refi.

At 840K units of active inventory, we’re basically back to June 2020 levels, but still 30% below June 2019 and June 2018 levels.Active Inventory (Realtor.com)June 2024: 840KJune 2023: 614KJune 2022: 574KJune 2021: 492KJune 2020: 871KJune 2019: 1.2 MillionJune 2018: 1.2 MillionHowever, as I’ve written about in previous issues of Talking Points, most of the inventory recovery has come from a few states — chiefly Florida and Texas.

May be eligible for 100% bonus depreciation if the recovery period is less than 20 years.

To me it makes sense, hardest hit means more room for recovery.