Depreciation is relevant only to the owner of the property. 

BTW, I enjoy your videos.

@James Wise  has some great content and videos I would check those out.. he uses the term savage a lot.. and that is for darn sure in the C D class .. 

I have listened to some Youtube videos and attended some events in which experts gave their opinion.

There are some good training videos on YouTube.Charlie

You have to be resolute in this matter or the judge will be forced to agree with the other side.My best advice going forward so this does not happen again: Do a video walk through with your phone with the landlord/property manager when moving in. 

That realtor is looking for a commission whether they do anything or not do keep that in mind ps - study all of flipman ty on YouTube (ALL THE VIDEOS FROM THE VERY FIRST ONE.

That's $710k of assets,  60 of it debt and dropping in value fast.My breakdown example of $685k of relevant assets is $15k in 2 cars and a $325k primary that has a $1200/mo ADU. 

I've posted the relevant MA law many times in the forums, but you can read it for yourself here: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXVI/Chapter112/Section87PP It defines what kinds of activities require you to be licensed.The only legal way to wholesale without a real estate license in MA is to "wholetail" - meaning that you buy the property (presumably at a meaningful discount), add your markup and then re-sell it.  

It's somewhat similar to taking over an occupied unit - you usually have no real evidence of the condition of the unit when the existing tenant moved in, so you do the best you can with what you have.Whenever possible, I'm a big fan of documenting the condition of properties with video and then uploading it to YouTube for future reference.