Form 3115 allows you to restore the fairness in this situation and "catch up" with the remaining $30k of depreciation that you failed to take in the years past.

However, the stacking method of buying one at a time and scaling is probably much more risk adverse method. 

Any meet ups in Colorado Springs?

I came up with a goal of having one property by the end of the year that cash flows at least $100 a month after all expenses.

Hey Everyone- Curious to hear about investors' favorite areas to invest in for SFR and higher yields around Salt Lake. I've been looking into Ogden quite a bite and was curious to hear other opinions. Prices in SLC an...

I'm looking at purchasing a small multi-family rental property in the Allentown or Philadelphia area, and I plan to use the BRRRR strategy.I'm struggling with the best way to analyze potential properties to ensure a solid ARV and would love any advice on effective tools or methods you use.

Thank you to the Brrrr method and a great team, we've been able to grow quicklyUnfortunate though, we have had a less than pleasant experience with our current property management company. 

@Rebekah Shields "Update the inside, up the rent.

.✅ Indirect Expenses (Office Overhead, Admin, & Labor): Harder to allocate, but common methods include:2) Common Billing Methods🔹 % of Gross Rents – Many PMs charge 3-5% for admin overhead.🔹 Per-Unit Fee – Flat $10-$20 per unit/month for shared costs.🔹 Time Tracking – Track staff hours and bill properties proportionally.🔹 Software Tools – AppFolio, Buildium, Rent Manager allow bulk allocations.3) Best Practices✔ Use a Spreadsheet or Software – Track expenses by property before invoicing owners.✔ Be Transparent – Define billable vs. included costs in your PM agreement.✔ Avoid Surprises – Owners expect clarity on additional charges.

We've noticed 3/1's have had more success as that is what investors are looking for and hindering my chances at a sale.