@Andrey Y.

So I guess not a self directed 401K but a way to use the funds to invest. y husband is 59.5 if that matters.

Didn’t cam the sewer lines though... big mistake.

Depreciation is Calculated by taking the assessors: Land Value/ Total Value =(X) * your purchase price = Your land Value Example: You paid $400k for a house Assessor Values: $290 total value, $200k building, $90k land Building = 69% (200/290)Land = 31% (90/290)So your depreciable building value would be  = $276k ($400 * 69%) Imp/Building Value/ Total Value = (Y) * your purchase price= Your depreciable building value (note you add in several closing costs and other to the purchase price here)If you had an appraisal done- it likely provided you with a building value.

My first spreadsheet is condensed information form my mortgage broker and lists on the Y axis (vertical): mortgage terms, rate, APR, fixed term, years, credit score, loan amount, sales price, percent down, down payment, FHA funding fee, Total Loan Amount, Estimated Monthly Payment, Principle & Interest, Homeowners Insurance (Flood + Home), Property Taxes (1.23% home price in my county), Mortgage Insurance, HOA Dues, origination fee, appraisal fee, tax service, flood certification, credit report, attorney's fee, title insurance-lenders, title insurance-owners, recording fee, verification of employment, survey, home inspection, water/septic if well, pest, 1st year homeowner's insurance premium, homeowner's insurance escrow, property tax escrow, per diem interest, down payment, closing costs, prepaid expensesOn the X axis (horizontal) I have the numbers for 200k, 250k, 300k, 350k, 400k broken down into whether it's single family or multifamily, then FHA or conventional2.)

Originally posted by @Andrey Y.

Hey everyone, 26 y/o from British Columbia, Canada in the okanagan area.Never thought much about my finances until recently and just came across bigger pockets around a month ago after discovering the idea of financial independence in general (probably began with youtube recommendations) and by listening to a few other podcasts while at work as an aluminum boat builder/welder to pass the time.

I watched a YT video and he explained it using ABCD-Y classification.

@Andrew Y.

J'aimerais organiser un "meet up", je cherche donc à savoir s'il y a des investisseurs de la région qui sont actifs sur ce site.Patrick