Is it possible to take depreciation on a residence purchased 30 years ago but converted to rental property over 28 years later?

I just picked up some units this week and some of the residents are used to paying with a credit card.

If i get a 'square' and use that to pay for them, it will likely cost me %2.75 of their rent to do it.

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Hi Everyone. Although I'm not in the US, I believe I can still learn a lot from BP. I'm extracting the principles and get them to work here in the Philippines.

I'm a real estate broker specializing in Office Space an...

I've been around BP for several years now. I was watching a commercial on that show, 'Where are they now' where they follow some b-list actor from 30yrs ago etc...

Got me thinking, Who are/were you favorite BP'ers fr...

Hello everyone, I am a new investor here in the Oklahoma City area. I was wondering if anyone else investing here could answer some questions I have or possibly meet up. I would love to hear stories and information ab...

You haven’t really done real estate until you’ve installed a “boob” or two. If you’re guilty like me, you might also get some mild entertainment out of this brief narrative I found on Youtube about “Why ‘Boob Lights’ ...

Any software recommendations to manage your properties?

Please give advice on damage done by tenant to kitchen countertop. See stains some are scorch stains. It is a laminate top. Countertop is about 15 years old but was in good shape. Asking for full replacement, is that ...

Hi All,I'm currently managing a unit with 4 tenants and I've originally arrange the lease to have all four tenants be jointly/severally responsible for the rent.  With the new lease cycle coming up, they've asked to r...

I'm a newbie living in Queens, NY who is more than ready to get started in real estate investing. A few things you'd probably like to know about me...I'm an educator who enjoys reading non-fiction books (coincidence?)...