Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the first year even if I do not need it in that year, or I can use it when it is needed?

Thank you, Dominique, I agree with you I will not ever need that reputation, but you thinking ideally from this buyers side, even though I am the most straight guy, just because when he presented at the property to show it for him, he checked from basement to chimney, and he persuaded me that he is an investor and will turn this mixed commercial property into a condo , he will just advertise it for this coming purpose , have his contractor come to check it and see what is needed to be done etc...,  in order to find tenants and get a high appraisal on it so he can recover his rehab money, LOGIC story righteventually, nothing like that happened and he is fooling around never ever talked to me again after siging the contract and I call his title company and they never respond or every have this property set for search nor a contract or escrow money ..., then I get to talk to them when I sent a cancellation letter, they answered and said we are not obligated nor the buyer to tell you anything or when we want to work on the title or what we will do in the propertyIf you were in my shoes what do you think of this guy and his people, plus the property listed with a whole different brokerage does not even have a website or address who is the bad guy then ?!!!

It is a 6 unit Multi, One Duplex and a Quad all on the same property. 

:) I am a Canadian real estate investor, and own a few condos in Montreal/Toronto.

We also have the option to go back to the Town council and try to get the land approved for 5 Duplexes to up the doors to 10 instead of 5. 

I’m about to cash out refinance a BRRRRed duplex and will be looking for my next opportunity.

HI Guys,I was thinking of renting out my condo rather than sell it.

.-3 floors, where top two floors are condo and the ground (street Level) is a commercial space.- Street side is the commercial.

.-3 floors, where top two floors are condo and the ground (street Level) is a commercial space.- Street side is the commercial.

Hi BP,I have found a Condo that I am analyzing.