Once the 5 years runs out you'll have used up your existing available depreciation but you still get to write off other expenses such as maintenance, property management, legal fees, etc.

There are some exceptions, but they are rare, they have access to funds, and they typically built their empire when the timing was right and got lucky.Likewise, it's not often that you can buy a house and sell it for big money six months later.

Hey @Adriana McLaughlin - This is actually the FIRST TIME I have heard of the term "ALL-IN-ONE-FIRST-LIEN", but after doing a little bit of reading on it I am not sure I still completely understand.Basically, you apply for a HELOC credit payoff your existing mortgage with this variable HELOC and then in theory have some leftover as well...so the advantage is paying off your loan early and getting access to a line of credit, but the disadvantage would be a variable rate mortgage for the reminder due on your orginal first mortgage? 

She stated that he has been using drugs in the house and apparently, one of the neighbors saw him shooting up in his arm while the garage door was open.

I recently purchased a property that includes a 3-bedroom, 3-bathroom main house and a pool house that can be converted into a 2-bedroom, 1-bathroom unit.

For those that don't know, group homes are single family homes that house "by the bed" and therefore come with many benefits, the primary being that they bring in anywhere from 1.5x - 2x the monthly rental income that a standard single family home would. 

You strap Flume on your existing water meter and it then monitors the water usage to detect leaks.

Our cleaner had to spend 10 hours to clean the whole house!

Hi Everyone, I'm new to real estate and like the idea of house hacking and rentals. 

An update, we are set to close on our first duplex house hack next week!