My methodology when it comes to investments is having as many revenue streams as possible in the event one of them dries up (Ie: a deadbeat tenant).

Ancient Chinese proverb : Best time to plant tree is twenty years ago Second best time to plant tree is now People that are successful don’t sit and wait around for things to happen - they get going and make things happen .

Hi @Dave Toelkes, Yes, there were/have been numerous depreciation methodologies over the years, including MACRS, ACRS, straight line, etc.  

You wouldn't believe some of the ancient stuff I've pulled out of walls and ceilings that didn't burn down the house.

Calculating your income requires proper methodology, knowledge of guidelines, and often a worksheet to help with the calculations. 

Blue Island stood on the southern end of an ancient glacial ridge five miles long. 

You have no doubt heard the ancient Chinese proverb, “The journey of a thousand miles begins with…..entering the destination into your GPS” or something like that...As I psyched myself up in the mirror that morning, I knew what I wanted to be.

Well, <sigh> I'll take a risk here and explain my methodology.

The way real estate is transacted is still pretty ancient, inefficient, and largely depends on a bunch of cartels that many of us are members of (Local RE Boards) that have a choke hold on each market.

The clean solution was to track down the little old lady who owned the ancient 1st TD which had not been paid on since about 1988.