Land cannot be depreciated but the building, land scaping and other capital expenses can be. 4.

It is actually your actual basis or current appraisal…whichever is Lower.

Keep in mind KBKG calculator is only for SFR with a value under 500K, so we are not talking expensive SFR, nor MF or other types.

When expenses rise, which is almost always in one form or another, we are forced to raise rents. 

My current income is sufficient enough to cover my living expenses, live comfortably, and put a portion toward savings each month.

Lower the price;2. 

Undoing the mess via amendments, etc… always tends to be laborious and more expensive then getting these right the first time.Why are  CPAs seemingly not always in the room when GPs and their attorneys build out their RE Funds? 

Again, if you are financing the rehab costs then this question becomes highly critical.There is good money to be made in expensive neighborhoods and also in low-cost neighborhoods. 

(They’re expensive because they swear you need to replace both units to use new Freon.)Over the last 10 years I’ve had at least 8 units replaced this way saving $10’s of thousands and I’ve yet to have a single problem. 

I track everything at the "buy" on a spreadsheet as far as income, expenses, CoC return, ROI and have another spreadsheet to estimate and track all rehab costs.