Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

Do you perhaps know where the checkbox for passive vs nonpassive is on Schedule E?

You also want to figure out if the juice is worth the squeeze (for you personally).

Just need to find a property that has large enough of a lot to fit the added unit.Design / permitting / AHJI think I will budget a year for design and permits / SDG&E coordination / city water etc.

Or best action steps.1206 Bishop $82k / Release Price $79,8001710 Collins $89k / Release Price $78,9601215 Bishop $89k / Release Price $79,8001217 Bishop $99k / Release Price $131, 8802409 Pennsylvania $99k / Release Price $100,800604 E 1 st. $85k / Payoff $45,000

If 10% per your example, maybe not since doing nothing would get me close to 4%.d/e.  

The Juice was simply not worth the squeeze.. same amount of equity in paid for assets for us is so much easier to handle and buying quality assets.. 

Overall, he seems to want to do a basic cost seg for me on the FF&E and Capital Improvements and leave the original basis of the property on the conventional depreciation schedule.I would love some feedback, personal experience, thoughts on this matter.

Quote from @Scott E.: Goal: Don't go bankrupt.Joking, kind of.

Quote from @Victoria E.: I have a tenant who has moved out and  i now have a judgement against.