The client copy of the tax return should include a depreciation schedule of each rental property that you have.If the tax return that you have does not include it, you should be able to request it from your accountant and ask if they can provide it to you annually going forward.The depreciation schedule will include the original cost basis along with the accumulated depreciation.Best of luck.

Buying rentals for cash is VERY conservative and will take a long time to amass a decent portfolio.Leverage is how to grow your portfolio and wealth faster.Simple Comparison Example:1) Buy $100k property cash, it appreciates 5% in value annually => basically a 5% return on your investment ($5k/$100k).2) Buy $100k property with 20% down, mortgage rest.

I'd sell my children if they cost me that much annually (wait they already do :)Protect the equity with a 1031 exchange. 

Big fan of Dallas & Houston -- what's your target annual returns on an investment property?

I'm currently considering whether to 1031 a couple of rental SFH's I have in the DFW area over to Vegas.Having lived in an owner-occupied house here for 3 years now and looking at my Clark County bill:- The assessed value is only 25% of the current "quick and dirty" market value (Redfin, Z)- There's a line item where property tax rate appears to be 3% of the assessed value- ... however, another line item subtracts a lot from this because of the lag from owner-occupied increase cap percentage of 3% annually (if I'm understanding correctlyAlso, despite changing hands 3 years ago, it's interesting that the assessed value didn't get re-assessed to the purchase price back then.

📍 Property: 88 Innis Ave, Columbus, OH 43207💰 Bought for $1,000, Sold for $40,000📅 Total investment: $5,170.36📝 Licensing Fee: $3,000⏳ Processing time: 58 days from purchase to disbursement🔑 Key Numbers:Profit: $34,829.64ROI: 673.64%Annualized IRR: 4098%Ever wonder how land entitlements can deliver these kinds of returns?

If you're looking at out of market investments, what annual return do you target to be comfortable with the associated risk?

We have 3 companies bid every property annually and we add the cost of consumables to cleaning cost and that is what the guest pays.Airbnb will convince you to charge $100, flex cancellation policy, instant book, and no cleaning fee if you let them. 

He could not make a profit with that high of an insurance bill annually.

What are you targeting in terms of annual return %?