The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.There is the obvious benefit of accelerating the depreciation, shortening the recovery period.

That said, I do intend to keep my “day” job and live in the first property, so generating cash flow above and beyond the mortgage and other fixed costs isn’t entirely necessary.

We live in the midwest.

Hey Brandon - I live in CLT and am from Boston.

Kicking myself for not growing our portfolio sooner but better late than never I guess.Here's the thing - We don't live in the US, my husband is a US citizen but since he hasn't lived in the US for many years he has no credit history.Now comes the fun part - we are in a lot of debt where we live (like $115k in loans).

If one or both intend to live in the duplex, yes, by all means, put an agreement together.You form a California LLC with your sister and friend as managing members and then quitclaim the property into the LLC. 

I live in Kansas City and I purchased this Cleveland SFR with a tenant in place, the numbers were great and they had been there almost 9 years.

I live in central Oregon, a HIGH cost of living area...I live in a great apartment complex and rents are at least $500/mo lower than a typical mortgage here.I am thinking about buying an investment BEFORE my permanent residence to keep my monthly CF and savings high.What are the pros and cons?

I started off my investment journey the same way in 2021 while living in CA.

The house we live in has a 15 yr fixed mortgage of $1,600 at 4.1 interest but it is only 2 bed 1 bath just under 1,000 sq ft.