Section 1 says residential uses only.

Purchase price: $186,000 Cash invested: $46,500 Home was built in 2018 as a long term Section 8 rental unit.

I’ve had about 5 fights on that corner in 2 years.

Quote from @Ingrid Hussey: Hi All,I recently installed security cameras outside of my SFR rental.  1 is installed on 1 corner of the house and is aimed at the front yard. 

This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.

You don't even want to touch a door or cabinet handle, not to mention corners of the house or bathroom floor.

Hey there, I'm new here and was checking out the "find markets" section.

If there's anything I've learned over my entire portfolio, is that there are always more projects around the corner, they take longer than you think, and they're more expensive than budgeted.

E.g. good schools in certain zip codes, type of renter demographic in each area, e.g. blue collar, white collar, section 8.

The magnifying glass is in the upper-right corner, to the left of your profile image.The search feature isn't the best.