Different people have different methodologies that work for them and the best way to succeed is to learn how different people do the same thing.

You can also do and engineering-based cost segregation study, the IRS' preferred methodology, and get a lot of that depreciation up front.

Hi Gang - I am under contract on a 7 unit deal in Central Connecticut with the strategy of performing a BRRRR (previous owner has held asset for 20yrs and has not pursued market rent adjustment despite good quality of...

What methodology are you using to determine whether or not to pursue this, Rahdia?

No, using someone's made up numbers with poor methodology is worse than not using any numbers at all.

My goal was to apply the same methodology to both properties to help with making a fair decision.

@Johannes Schunter - MACRS 200% DB is the short name for using the Modified Accelerated Cost Recovery System (MACRS) using a 200% Declining balance - it's the same depreciation methodology you use on your tax returns.Here's the IRS Depreciation Guide => https://www.irs.gov/pub/irs-pdf/p946.pdf@Ariel G. - My theory is if I buy a stove, and it has a 7 year life, I can reserve the entire cost of the stove over those 7 years. 

Ideally would need to use your knowledge in developing methodologies for things to pay attention to and get some historical background.  

So I can add up quickly and provide a very nice buffer zone.Every individual investor will have their own methodology for calculating expenses.  

A Happy New Year to the BiggerPockets Community!While I wait with baited breath for Brian Burke's annual market analysis for the coming year...(His 2016 analysis: Best markets to buy multifamily in 2016: A round-table...