I like RentSpree because the prospective tenant can upload all of their docs into the system and the system auto-emails all references to confirm.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Hi everyone, I’m excited to join the community!

This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.

My wife became a realtor in March & I recently jumped on as the business development manager of a long-term property management company.

If it is a larger house and the renter group is families consider that moving in the school year is less common.

Right now the LLC is the taxpayer for the property.   

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Ask one of the charities that’s benefitting from your generosity?

Truckee had some incentives not that long ago for new long term rentals entering the market.Call the city to see if still available.