However, I would not think that the property tax exemption would extend into commercial assets since these are more investments and not your primary residence. 

We can not use is as a separate residence.

Anyone have more information on how/if this impacts Oklahoma residents who invest in investment property?

They have high flush toilets in all their units and are paying the water and sewer for the residents excessive usage and just don't care. 

I'm seeking tax tips for depreciation on an SFR that was purchased in 2014 as our private residence then converted to rental in 2016Details:Purchased in 2014loan was refinanced in 2015  We began depreciating in 2016 tax year, the year we began renting the home as landlordstax preparer for 2016 taxes entered basis amount based on 2015 assessment, not assessment from purchase year or for the 2016 assessmentunsure if bases was set correctly and whether to carry through that same basis or pull current year assessment for this and subsequent tax yearsTurbo Tax seems to be steering me towards using the purchase year assessment for the basis for depreciation.  

If you are local... you can check with Crane Federal Credit Union, but they only work with Indiana residents.

Hello All,My name is Ryan and I am a 30 year old audiologist residing in Milwaukee. 

Hi Japan based investors:I am a US citizen and permanent resident in Japan.

@Samuel Pascal Where do you reside currently ?

It decreases after each year but the point of a USDA loan is to live in it as your primary residence.