If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.

I created the diagram below to help guide you through the decision of whether to keep or sell.

Or create something unique ... a game room, a killer outdoor space, a wall-papered wall, etc. 

Try to create a win-win scenario.

Why they need to inspect the interior when the exterior is pristine remains a mystery, but we don’t make the rules.

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

All it does is creates more competition.2.

Post questions to learn or create discussions.

Starting out rules of thumb for newbiesThanks for your insights.Hey @Malcolm Brown, welcome to the BP Forum! 

You can't genuinely expect other cities to not try to create the infrastructure, job desirability, living conditions to impede such progress.