However, the personal property assets such as 5 and 15-year may be using the “mid-quarter” convention instead of the normal half-year convention.Don’t forget, STR’s have a depreciable life of 39-years instead of 27.5-years.

I agree communication is huge (with anything in life).

Mortgage pay down alone will go from about 1.23% to 6.9% per year over the life of a 30 year loan.

Look at you with your busy life lol.

A wetland delineation is a site visit by an Environmental Engineer who looks for standing water, plant life subject to the standing water, and soil conditions that hold water.

Spent majority of my adult life (2 decades) working with adolescents on Young Life staff.

As long as you are coming out of pocket at around the same you would be renting somewhere else then you are still getting ahead in life because your tenants are helping pay down the loan and build your equity.You should also run an analysis putting in what the market rate rent would be of you did not live there.

This feature and the financial reporting piece of it really saved my life!!

Set for Life!

Set for Life!