If you use TurboTax, the software will do that calculation for you.I suggest that appliances you installed in the rental unit be depreciated individually and not lumped into a group.

I just want to bring up a website called http://www.campaignforliberty.comIt's Ron Paul trying to organize grass roots folks to run for local offices and espouse a platform of free markets, and individual liberty - pretty radical ideas in these times!

Allow individuals and companies who have acted irresponsibly to fail.

(someone interested in working the deal would be ideal)

Broker relationships are good too, but ideally I'd like to get to the sellers before they hit the market.

I know you mean well w/ the article but I have a hard time believing it..sorryDue diligence is an individual responsibility and exercise.

I deal with seller financing and create and trade in mortgage notes every day in my business and, I have not seen anyone that will table fund green real estate notes in todays market.

Numerous foreign companies and individuals own property and companies in the US.

I am also assuming you are meaning to say that this is one property owned by 2 individuals?

Set your goals based on your individuals parameters.