We had already been planning to do some maintenance and repairs (repave driveway, re-insulate attic, replace two broken faucets, other minor items), but were wondering if, for tax reasons, we are better off waiting until we close on the new home and this is no longer our primary.Can this work count toward tax deductions as preparatory work on rental property, even if it's currently our primary?

I’m up ideating another strategy idea for the property & Greenville.

That is, who actually owns the property while the work is being performed?

My name is Jack and my partners and I just acquired some rental properties in Cape Breton recently as we view there being an opportunity for growth in that market.

I personally wouldn't buy a condo as an investment property unless you don't have a primary residence and plan to house hack it (e.g. buy a 2 bedroom and live in the unit and rent out the other bedroom).

Compared to the primary market in Nova Scotia (Halifax), land and property values are a fraction of the cost in Cape Breton, yet the demand is dire.

Our property is what I believe you term as a Class A rental  4000 sq ft on 5 acres in the Bay Area.  

On the other hand, a 24-year history with an 18% net IRR that includes some losses may indicate a more seasoned sponsor who has navigated multiple market cycles and learned valuable lessons along the way.Regarding internally managed operations, like property management (PM) and construction management, scale plays a crucial role.

Whether it was making an offer, scheduling a home inspection, or just visiting the property again, taking one step at a time made the whole process feel less overwhelming.

Can I put up cameras on my multi unit property?