After it is put into use, then you start depreciating the total cost over 27.5 years.Probably the best thing for you to do is print off IRS Publication 527, and then also just try to search on the internet for "rental depreciation" and you can pick up what you need to know.I will PM you about Indiana Cash Flow Properties.BMR

That means no amazing deals that everyone seems to talk about in internet chat rooms.

I used to have a property maintenance division and still have all of the equipment and trained employees.As a side note these duplexes bring anywhere from $800-$1000 a month depending on which unit.

And I don't put the address on the internet postings.

A few hours reading the Internet and watching videos can get you a ton of good and free SEO techniques.

I’m visiting for a few weeks for some aviation training and would like to meet some local folks in the REI community here to chat and connect

Your Realtor Broker is talking out of her A$$See http://oklegalsite.net/She just wants to prohibit you from thinking about them when talking to home sellers.I train agents to act as a principal not as an agent, and help sellers sell on terms, like sub2, cfd, lease option, lease purchase, wrap, etc.

That is the same problem with boiler plate operating agreements that you get from internet websites.

And as with many things on the Internet, you can learn this stuff for free.

Any competent Real Estate Attorney can do it, keep calling around.Stay away from the Vacant House & Foreclosure Summit.Although Cam promises it's a training seminar, he just goes through the training which is already in iflip.