However, once converted to personal use, you can no longer claim depreciation, and the accumulated depreciation will reduce your adjusted basis, increasing your potential taxable gain upon sale.

Based in Santa Monica, focused on out-of-state markets with strong growth.Not here for sales pitches, just real connections, real deals, and real conversations.

There's a few opportunities to buy quads, tris, and duplexes.

He can spend the next few years-ish getting a finance degree through an online school while working part time, but he just got offered a full time position helping with sales for a local wholesale real estate company. 

No 'press 1 to talk to our sales team, press 2 to...' sort of thing. 

I’m not suggesting you shouldn’t consider this opportunity because my current company has about 50 homes throughout New England with about 1100 employees and is well funded.

Hey Nicholas, I’m an investor and realtor based in Indianapolis, and I’d love to help you explore opportunities here.

It seems like a major missed opportunity.

Net earnings were about $400,000/year, so the business component of the sale was valued at about 3X, or $1.2M. 

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.