Then we send a curated list to clients based on their buy box.

Your depreciation will actually start in the month and year it became "occupied" as a rental, based on the original purchase price, minus land, plus whatever capitalized items you did to prepare the property for rent.

What's up Jad, I'm 24 and a broker based in Sacramento.

@Caio Ferreira TorresHouse hacking a new every year is a best base scenario, but it rather difficult for all the points already listed.

I wrote a book called the Turnkey Revolution in 2017 and based a lot of it on advise I've given here on BP.

I guess the key question is will you be using this property as a 'home base' throughout your nomadic travels and how long would you like to keep this property as a home base? 

Based on what I see we'll get more like 3-4% this year on single family in most areas.   

After all, I paid county taxes based on that.Or, if we were mandated to use the acquisition cost (195K), shouldn’t we apply the same percentage to it (as in 78% of the purchase price)? 

Yeah I am not a fan of this...

I have a healthy income and have built a solid financial base for my age.