They will depreciate the property based on age, wear and tear, useful life left, etc.

If life has taught me one thing, if I'm not making mistakes then I'm not trying hard enough. 

I have gotten estimates for $7500 to repair/replace the cedar siding but not sure what the life of the new siding would be and when I would have to replace the wood siding again.

Your goal is to solve the problem, not create a conflict where you don't have to, not impress upon your tenant your distaste and contempt of her life choices and standards.

I believe Real estate has the potential to provide for the goals we have as a family for the next part of our life's journey.

He had a knack for getting into these long lectures about how he invested in property throughout his career and the type of life it has afforded him.I am new to the world of real estate so I’m looking to network, learn, and start investing in rental properties relatively soon.

So if you're going to go down this route, as always in life, focus on relationship building with key people so you can turn to them when you need some help.

Can anyone recommend a CPA in Southeast MA....life in Foxborough? 

Can anyone recommend a CPA in Southeast MA....life in Foxborough? 

Real Estate investing canchange your life, it has for sure changed mine.