For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

What did you meant by your last sentence? 

You want to have a discussion whether the property is considered 'active' or 'passive'If it is active, you can potentially accelerate the losses to offset your other forms of income.

All of which has helped me reduce my taxable income resulting in me getting $$$ tax returns (which i don't hate)Last week i received a text from MJRESOLVES (never heard of them).

I put this last, because I think the first three are more important to actually getting a home.

Hi @Ariel Gonzalez I host one that was last night that we do monthly in Durham.

So for this purchase, I'm at a loss on how to properly find and vet great local lenders.

During the last 12 month period, convert it to owner financing and refi with no cash out of pocket. 

Last month in February, 1,000 for sale closed in Wake County. 

We currently live in a home that we just bought last year and we will hit our 1 year mark on living here in April.