It should cash flow 400/month after taking taxes/HOA into account.

Getting a DSCR of 1 in some of the higher tax counties of Georgia is tight, but we've been able to get through them.

Does that qualify for a home office tax exemption?

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

 - prop 13 basically fixes the property tax.  

That's $1,600 per month plus to pay debt, plus at least $400 in taxes and insurance.

@Megan HerringtonBigger Pockets is a great place to find a real estate tax accountant. 

Hello,I was wondering if anyone has participated in the Philadelphia tax foreclosure auction recently and how long it has taken you to receive the deed?

Which made my tracking for taxes and such all look super dumb because everything is off by a dollar.

In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”Under MACRS, depreciable assets are assigned to different classes, with each class having a specific recovery period.