In practice, the IRS does not really care whether you claim these things as supplies on your Schedule E or just lump them into your maintenance/cleaning expense on Schedule E.When you depreciate the rental unit, you need to determine its depreciation basis.

IF you had some magical way to determine the exact bottom, how many properties could you buy at one instant in time?

I determined I was wasting too much time evaluating projects for my agents, that I was making less than if I canned them all and just did my thing.

Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of our civilization.....Such interests impose obligations beyond those of ordinary commerce.

I was just looking for the cheapest home bought in that area to help me negoiate a price with the lender.How do you determine the FMV?

i have been looking at getting into the real estate investing with buying rental properties and everywhere i look seems like a good deal but i would like to know if there are any certain ways you determine if what your getting is actually a good deal or going to be a bust?

It is a system (technology) that was developed and branded as a product to assist consumers in analyzing their personal credit file in order to determine the most effective and efficient way to optimize their credit rating and obtain their financial goals.

I consider investing to be activities where income is generated primarily by the input of capital and ownership of an asset, rather than via your efforts, ie from rental income and capital growth.

But if you're determined to buy this specific one, you'll probably be disappointed.As far as the proof of funds, get a pre-approval letter (not pre-qualification letter) from your lender.

:mrgreen: Stated another way, you need to determine--if you haven't already--what drives you.