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Multi family housing
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ndsu84
Posted 1/28/2019 22:31 (#7280526 - in reply to #7277224)
Subject: RE: Multi family housing


EC North Dakota
Nice thread.

Friend rents to college kids and says they are fantastic. They keep their places nice and always pay on time. Discrimination is against the law of course but he said when he was in charge, he had no troubles. When the management company took over, they got cockroaches, actual ones and human ones.

Can I take max depreciation on a new apartment to show a loss and use it against farm income? Then after 10 years of ownership you sell and take capital gains or exchange?
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