If so, how do I get around this or at least make it to where only the rental income from the property is taxable locally? 

The property has been in the same family for 30+ years and has been well maintained. 

Cash invested: $2,000 I am currently working on an inherited property, so that I can rent my home out. 4 Bedroom 2 full bath. 900+ sq/ft Full brick home.Currently rehabbing this house.

Effectively turning a 2 unit property into a 4 unit. 

Curious and excited to learn some things about multifamily properties (duplexes currently).

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $241,500

Cash invested: $8,452

This was my family's starter home, which we kept and now rent out.

What ma...

I am an OOS investor interested in the Columbus area and would really appreciate the maps if you are willing to share: @Marc Rice @Zeke ListonDo you all know of any good realtor who can walk the property for an OOS investor?

I just turned 55 and have 33 rentals and 135 storage units.You may be better off buying as many properties as possible for the next 5-10 years, then paying them off, starting with the smallest mortgage and working up to your largest.

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. 

Going to use equity from home to purchase next property.