The regular depreciation took care of losses combined with general deductions like office equipment, professional services, cell phones and services, etc etc.  

Never, Never Ever skip the background check... had a prospective give me a song and dance about how they could not complete the background questions due to identity theft years ago and it hasn't cleared up...

My new projects are estimated to cost me $108.43/ft2 (building & land) and comp out at $145/ft2, which works nicely.Once I identity the right property, I then make sure that zoning supports duplexes and rental rates are within profit requirements.  

However, assets can be cars, trucks, machinery, equipment, etc.

If you take Chapter One of The Principles of Real Estate, you'll see that while real estate in different classes may be similar but no two parcels are identical.

Stop and think for a while why I can drive by a brand new hot dog restaurant where the company build a beautiful new building and the total cost for the land, building and restaurant equipment was more than $3 million and just by driving by I know more about the numbers and whether or not the business will be successful that the investor who owns the business.Less than one year after the business opened it was closed. 

The differences in price for nearly identical houses just over or just inside the line can be staggering.

So you really have identical tenants here.

Some of the basics of a RLT are:- more thorough;- let’s you set up who will get what…when and how;- helps avoid probate and creates great privacy (assets and identities);- you get a trustee;- makes things much more efficient and cost effective;- can be changed during your lifetime, if and when necessary.Of course, I’m not a legal professional and one should be consulted, but this is what I’ve learned through my personal experience so far.

The solo guys are my go to and the others have a 5-8 guy crew that are 24-7...and the plumbing crew has rooter equipment, etc.A PM would cost me about $500 a month.