I purchased 2 duplexes in Morningside, Wayne County, #Detroit, Michigan (zip code 48224) February 2024.I am also an #Out of state investor.Both are currently going through repairs and updates necessary for the city of Detroit to give me the Certificate of Compliance for rental units.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

I have 2 properties in Schuylkill county PA which I'm thinking about refinancing so I can pull out the equity in them and purchase another property.

What is the average cost for purchase, installation, and the associated app?

Have you purchased your first property or are looking to purchase your first property?

I only Use STR for fishing trips to remote areas that are undeserved by hotels/motels.. this summer I only looked at ones with no cleaning fees.

Hello,We recently purchased a rental property and created a domestic limited liability LLC (two members - my spouse and I).

I live in Atlanta and am looking at purchasing my first rental property.

@Becca PariserI don't invest in TX or know much about the SA market but... this is not a deal at that purchase price.  

If there’s an escrow account created with the initial home purchase, do you create a second account when you rent the home out?