About 9 months ago.The property was a primary residence of the first owner until shortly before passing, after this it has always been rented out.No depreciation was ever claimed by any owner at any point.Tax implicationsAs I understand it:A.

Finding out what market rent is the first step into knowing if raising rent makes sense. 

I would like to be in the crane renting business in Bangkok.

I believe all of the 10 or so units are all rented out at the moment. 

Purchased with a tenant in place as a 13 net cap, but once I raise rents to market in a few months it will be 18 net cap.  

rented sec 8 for 1300, THATS a deal.

Was recently a rent to own contract if you’d be willing to get a hold of me asap.

Monthly mortgage payments including insurance and tax would be around $475 while the rent would be around double that, leaving me with a monthly cash-flow return of about $500. 

The 3 tenants, all 2/1 property, had leases of 800/700/700, he said they were raising all rents to 800 as leases came due.

Im currently renting, but have a good deal of money saved up.