I was under The impression that depreciation recapture carried over from an exchanged property to the new property only came in effect when the new property was sold without carrying out another exchange vs not being able to depreciate as much during ownership.

I wasn't under the impression that I had to take a tenant at their word on this but her attorney seems super confident and is suing for double the security plus attorney fees, which has a burden of proof on them to prove "willfulness" in retaining the deposit.

I just joined yesterday and I have read multiple forums and was impressed by the community.  

I always want a warranty deed...but I was under the impression you needed to execute a quit claim for title transfers...is that not the case.Thanks in advance. 

@Nick Rini - Check out this super awesome map/research project @Wei Jei Yang created: https://www.google.com/maps/d/viewer?

We've done upgrades, changed flooring, painted, switched out appliances, changed plumbing fixtures, changed lighting fixtures, and all sorts of things, without requiring the tenants to move.30 years is very impressive!

You only get 1 shot at a 1st impression so I'd definitely put a stop to the advertising campaigns & hit the books man.

Pictures can give a completely false impression, and if it's not the property condition, it could be the neighborhood condition.I'm a turnkey girl myself, just because it's a million times easier to buy out-of-state.

Also, I was under the impression that because this was in my SDIRA, there would be no tax implications.Thanks, Jeff

I know that I'm under the impression that if a lender charges 7.5 points to an owner occupant, a bunch of rules just got broken...