Bret -For Long Term Rental, which I am assuming your Garage would be, you can take depreciation expense against the total cost of the rented portion including the construction/conversion.Thanks.

And this same issue extends in other directions, for example, what if one family member loves watching the big game all weekend long on the TV, but other people would like some quiet time to read.

Continuous improvement is key to long-term success.Please feel free to DM me if you want to discuss further and potentially get your investing started!

If all goes well we know we got a great deal on this home with an extra building and will turn it into a great portfolio starter for the long term! 

Your long term plan will help make these decisions as well.

Russ,  my point was about lack of affordable housing.. and 200k to 300k is below the national median and affordable.. so its up to folks that want affordable houses to buy what they can afford .this way they get out of being life long renters and they build equity etc..

Approx how long to learn from your course if I pay in full; so don't have to wait for next module to release?

Mojo has been around a long time.

By leveraging local expertise and conducting comprehensive due diligence, you can make informed investment decisions that align with your long-term financial objectives in the Oklahoma City market.

Like @Bill B. said, the way to eliminate the taxes is for him to stay on title (as long as he has also been reporting the property on his taxes) until he passes away.