It's just a bit cost prohibitive on smaller properties, and the IRS doesn't mind if you just do it the easy way (the incorrect way) and use straight-line depreciation since that results in overpaying taxes. 

That means that either the after repair value assumption is incorrect, or you have $100,000 in repairs do deal with.If you want to flip the home, your exit strategy should be to sell it break-even if you have to, or rent it out if it doesn't move right away.

Be aware that many people use the term "eviction" incorrectly.

Incorrect; IRS is king.

@Eric JacobYou can challenge the assessment if you feel like it's incorrect.

You don't want to be hurt based on incorrect information and your knowledge or lack thereof. 

This is my first report and just paid to be a pro member, so I apologize if did the report incorrectly. 

I think you are incorrect thinking your triplex is any way identical to the sfr next door.

Talk to a lender because you received incorrect information.

I realize I spelled rentals incorrectly on my heading for this post.