After living in it for several years with a roommate (I was in college and would not have been able to pay the note without a roommate) I converted it into a rental for $1950 a month and rented a room elsewhere for $650 a month.

Purchase price: $21,000 Cash invested: $33,000 Listed as a 3-1 converted to a 4/2 What made you interested in investing in this type of deal?

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $87,000

Cash invested: $30,000

personal house, until new house is built in Cypress, then rental

Also, If I had an offer on my current place but was looking for financing for a second place, am I more likely to get it, or a better rate, if my asset is not converted to cash from a sale, or do they lend against assets with the same rate ?

The duplex is a converted single family or there wasn't supposed to be a residential property there?

I'm looking to convert my traditional IRA into a self directed IRA so I can use the money to invest in rental or commercial properties.

I own a few rentals that I purchased with investment loans that I will soon be converting into short term rentals.

I own a few rentals that I purchased with investment loans that I will soon be converting into short term rentals.

Can I convert the IRA to a 401K?

Your basis for depreciation when you convert it to a rental is the Lower of current actual value OR your original purchase price, plus improvements costs....so it would be the same whether replacing the AC now, or after you move out.