However, we hope the, let’s call it the rebuilding stage, will level off here soon.

We actually arranged a trip to see other markets and we’re blown off.

The income from such units is generally not considered reliable.Occupying the ADU: While you could theoretically occupy the unpermitted ADU and rent out the main house, lenders still might not recognize this arrangement for qualifying purposes due to the unpermitted status of the ADU.Permitting the ADU: If possible, consider working to get the ADU permitted.

If you replace it, do not let the tenants have any say in what type or colour of carpet it is and BEFORE you get anyone in to measure or install, get it in writing that they will have the entire room emptied and make the house available at a pre-arranged time for the carpet installers.

Long past that stage in my life and know a bit about the real life we live in.

This is the problem with taking payment for the last month when a lease can extend indefinitely.This arrangement is illegal in PA due to a court decision 10+ years ago.

We're in the early stages.

In this event you'll still want to formalize your arrangement with either.   

Consulting with a tax professional can provide tailored advice to navigate the tax implications of this arrangement, ensuring both parties understand their reporting responsibilities and maximize tax efficiency within the tenants-in-common framework.Hope this helps!

Does anyone have any basic or in depth tips or things that will give me progress in the early stages of me working this out.