I’m trying to construct a window when I should start messing with a property to move the ROE back up once it’s accumulated “too much” equity.

Hi all, I have an office in a building where it will go on sale once the owner passes.

And some lenders will let you pay the interest by drawing down on the loan.

Also, any tips or suggestions for owning rental property in Cleveland would be greatly appreciated too!

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

Yes, you gave some advice, but you served it up with a side of insult.

It has only been a week since they left, but the guest has not answered any texts. 

I've been lurking a bit and messaged a few people, but I figured it is time to make a post.

I was just wondering if anyone could give me any insight on the area and if it would be a good location to house hack.

You have come to the right place to begin your investing journey.