The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories. 21.64% of the total depreciable basis was classified as 5-year class life.

can you start with a house hack where you live? 

A 1,767 SF (Living) for $369,900 and a 1,767 SF Pool homes for $479,000.

Join us for an exclusive 1-hour live workshop with expert host Dave Meyer as we dive into the relationship between the labor market and real estate performance.

But since that is the choice you have made: I don't know what it is like in Pueblo; but in Mesa County where I live there is a person on staff that walks you through the process and the necessary paperwork that needs to be filed (they don't fill it out for you - just provide the steps).

I live 2 hours away from the property.

Heres my situation,My mom bought and "gave" me a house to live in summer 2019.

We've replaced 5 water heaters in a single year, had plumbing stoppages that resulted in 3-5k worth of work, and even had to replace 1/3 of the pier and beam foundation in the house we're currently living in.

Personally, I rent out properties that I personally would live in- and I carefully screen my tenants.

The only big limitations that may extend your timeline will be coming up with a down payments, and coming up with the reserves required to operate in a financially safe manner, and as may be required by your lenders.