You made some assumptions that I think we’re unreasonable and quite frankly, I didn’t expect a response like this on Bigger Pockets.

Also NC is a very landlord friendly state you do have a state income tax but if managed correctly I should show paper losses on financed properties and if not I will be paying little to no NC State income tax.

While using an FHA loan, is it pretty typical that the first year will be a loss while focusing on the longer play?

Hi Bigger Pockets community my name is Jullian and I am looking to get started with real estate in the southern Maryland area.

The bigger problem that I see is that you are putting all of your money and name on a project that will be illegal.

Hello Bigger Pockets Community!

. - don't confuse it with tax saving - the CSS allows you to accelerate depreciation (you get more of it sooner, and less of it later) so you have to factor that in in your tax strategy- it's good to have CSS done when you replace an item (you'll be able to claim loss deductions)- there is also an inheritance benefit - your heirs will benefit from a CSS in place.Maybe @Wes Mabry can offer more advice.

@Daniel FischWelcome to Bigger Pockets.

You might want more money per door on a property that has more deferred maintenance simply because you'll know you're gonna have some bigger expenses coming up on the property sooner rather than later.

Hey Bigger Pockets family!