You then can utilize that amount for purposes of determining the depreciable amount for the building.You then depreciate this over 27.5 years beginning when it is "placed in service".

1- Assessed value is a valuation for tax purposes, often has absolutely no correlation with market value, which is the actual value of the asset at a given time.2- Cash out refi of investment property is not possible in 2-6 months.

The reason I wanted to have the property in the LLC name was mainly so that the rent check would be to the LLC as opposed to my personal name for privacy and business distinction purposes.

I have been browsing for deals for awhile now, but was alerted to a real possibility late last week by a friend of mine. He knows some people who have recently started doing rehabs. They finished a project recently, b...

I am thinking about marketing to probate leads to pick up some potential rentals for my portfolio.

My ultimate goal with my site is gaining pure organic leads; although, I know some leads will flow through the site because of direct mail and ads such as Craigs List.

just purchased my 400 lead list from listsource.

Just saw this topic:http://www.biggerpockets.com/forums/93/topics/75010-will-i-lose-seller-leads-if-iIf you guys think it would be better to answer, you may be right.

I am looking to start marketing to probate leads.

I would greatly appreciate if anyone could please contact me if you have any leads.