The 1245 property (think personal property and bonus depreciation) is recaptured at ordinary tax rates though… so the new property must have an equal amount or more 1245 property. 

Not sure about PA, but in NY if there are any lights in common areas the landlord needs a separate meter - you can just go count the meters on the house, if there are 5 then you know there is one for common areas.I wouldn’t use cap rates for a four unit, use comparable properties if possible.

All adults living in the property must apply!

Hey there- from what I understand, the possibility of restrictions on STRs is more so for properties in the city limits of Blue Ridge.

D you see this property accomplishing that?

. ($2.3m for 9.3 approx acres)($1.1m for 4.5 approx acres)Best uses: Large estate with mother in law homeSmall development with 1/2 acre luxury homesTiny home communityOffice spaces made up of tiny home officesSmall retirement communityRestaurantsFlex warehouseCommercialThe property has approx 40' of Wilmeth Rd frontage.

I added my latest rental property to Stessa then clicked the button to syndicate with Zillow, Trulia, and Hotpads.

I'm planning to actively pursue my first investment property in January and am interested in a BRRRR strategy.

Hello @Tiffany Makiya,Many investors compare properties using the ratio of annual rent to property price.

It includes phone #s for property owners as well.