only owned a few years so not that deep into payments etc.running full 360 months out at current vs after cash out the difference in the life of the loan interest is about 55K or so ... assuming my math is correct running amortization on both scenarios out 360 months, adding up total interest payments etc.in my head im thinking the long term cap rate gains and cash flow on the property far outweigh the added interest payments over life of loan. 

I always recommend house hacking especially for newer investors since you can purchase a cash-flowing asset with minimal cash out of pocket while also taking on some improvements to the property to gain experience with adding value, if it works for your budget/needs.

These costs are added to the cost of buying your home, so they might possibly reduce your future capital gain taxes when you eventually sell it.

Anyone in America has the option of gaining a little education or skill and moving up the ladder. 

I would like to get some input from some of you experienced BP real estate investors whether I should:A) refinance 2 of the 4 rentals with a mtg for a 15 yr at 3% (currently 30 yr mtg at 4.375% - 4.875%) and let the tenants pay off the mortgage in a shorter term and take my time to pay off the other 2 with lower mtg balance.B) to sell a couple of them at current seller's market and pay off at least 2 of the mortgages with higher mtg balance which would save in tremendous amount of interest and take the extra cash flow to pay more into principal of the other 2 mtg to get it paid off quicker.C) Or to refinance the 2-3 properties for 15 year mtg and sell the other 1-2 properties and invest the proceeds in the stock or cryptocurrency market and try to pay off the mortgages in the future with the gains.  

Owning it less than one year doesn't make sense to me because you will get hit with short term capital gains. 

Would I have to go back give each building a purchase value and part of the depreciation based upon the package and then pay the taxes on that one or would I have to pay capital gains on all of the depreciation I've accumulated for all three? 

Please reach out to me if you have any questions in regards to the knowledge I've gained from my background, or if you wish to connect on seller financing.

Please reach out to me if you have any questions in regards to the knowledge I've gained from my background, or if you wish to connect on seller financing.

We bought a 2-year vacant cape in the heart of Yale University New Haven we lived in it for exactly 2 years( to avoid cap gains) and struck gold.