In fact, you may not have any deductions for 2015 if the property is not put in service during 2015 - but this can vary widely based on facts and circumstances.  

I lived in Alaska for 2 years and saw incredible things and did magnificent bucket list adventures.

If you are interested in finding Mentors, I recently wrote "The Ultimate Guide to Finding Incredible Mentors"- check it out!

If you are interested in finding Mentors, I recently wrote "The Ultimate Guide to Finding Incredible Mentors" - check it out!

I look forward to the future and being apart of this incredible community! 

Oh, and if you are interested, the best deal might just be the “Ultimate Package” which includes copies of the books in physical, audio, and PDF format, as well as incredible bonuses including dozens of downloadable forms to help you with your real estate investments and several interviews with successful investors.Here’s to Brandon! 

Let me put this in another way:I live in an incredibly up awesome developing/majorly developed area.

Robert,That taxation relief is not a Canada-wide phenomenon... maybe not even an Ontario-wide practice. 

Hi @Brandon Montoya I think that mentors can be an incredible blessing to investors - I've been really lucky and have had some great ones myself.I definitely struggled to find some great mentors myself, however, and I think that my experience could perhaps be of value to you!

This is an incredible story.