Own 31 units now (multi-family and single family - including one second home for my wife and I..which DOSENT produce any rents- $%&!)

To be depreciable, the property must meet all the following requirements.It must be property you own.It must be used in your business or income-producing activity.It must have a determinable useful life.It must be expected to last more than one year....Property Used in Your Business or Income-Producing ActivityTo claim depreciation on property, you must use it in your business or income-producing activity.

I have 1 property in I wouln't consider a rough area bit a bit rougher then my others and while I will say it produces the most monthly cashflow it also is my most time consuming and property that requires the most attention on a daily basis - and not bc of the property itself more so the tenants who occupy it.are these shorts or REOs?

hi - i purchased an investment prop with cash - can anyone advise what forms i need to produce for tax returns?

The next thing to be would be your health and getting back to being healthy.

So online advertisement is a waste of time and produces no applicants.

A few of my goals in the next couple of years would be to own a couple properties to start to produce a monthly passive income and to begin to build my long term wealth.

Now that I got my finances in a better position, I am looking to start gradually building a portfolio that will produce a steady stream of cash flow that will allow myself and my family to live comfortably.

My Real Estate goals are to build a business that will allow me and my girlfriend of 5 years to produce a legacy we can build and eventually pass on to our children.

Cash flows from the project financed and aggregate cash flows of the principals and their entities generally must produce a minimum debt service coverage ratio of 1.25:1."