Can anyone explain accelerated depreciation and when to use it?  Any other awesome tax benefits to discuss?

I am looking at a BIG 4-plex that has been neglected for a while but is currently rented.

Here are the numbers:
* 3844 square feet, 2-story, 4-plex buIlt In 1882
* Rents for all 4 units total $2930/month
* Landlord...

Selling my home and currently in the due diligence period. I sent my agent a list of all the items and notes of what my contractor and I were planning on doing to address the items called out in the inspection, and if...

Hi all:
I would like to request recommendations for flooring in a SFR I just purchased that I intend to rent out.  Looking for durable, low maintenance, but cost effective as well (like everyone else right?).  
We'r...

I am an interior designer who has had the opportunity to work with a sub contractor on 4 consecutive remodels for various clients. Recently this sub approached me to see if I would be interested in flipping homes with...

We had tenants move in a few months ago. 
Yesterday they sent the following picture claiming that that was there since they moved in. (During the last walk through with previous tenants, that was not there at all)....

This is more of a rant and personal opinion to hear what others in the know think. Yes, I get inflation has been out of control, but what is the real cause of our current inflationary trend. The Federal Reserve has de...

I have a very picky and demanding tenant. Averaging two maintenance requests per week. Nothing major, small things that I don’t mind fixing but they are eating away my bottom line and spending way too much time on thi...

Hi,

I have talked to my banker a bit more in regards to a couple of properties I have looked at, analysed, and am interested in making offers on.

For a bit of background, I am short on 'liquid cash'.......

Hello, I recently bought a 6 unit apt building and have decided to start updating units as they turnover. All of the floor coverings in units are pretty much worn out. I'm debating on eliminating carpet completely and...