Another highly visible feature is your window treatment and lamp shade choices.

@Gary Parker The seller could have (an almost) correct understanding of the tax treatment, but because we don't know how much of the $92K contract price is depreciation recapture and how much is long term capital gain due to appreciation, we can't really give you a definitive answer.

Looks like a termite treatment or multiple treatments.

An eviction is planned for next week due to non-payment and an assortment of run-ins with the police.Not sure what the cost will be to get the place cleaned up and back on the market (doors broken in, glass in the oven door shattered, possible drug use), but I do hope to try again and learn from the lessons of this first experience.

Book keeping, tax treatments etc are better handled by professionals and at least one consultation with these professionals can always help.

Of course, some people get unlucky, like the poster a while back who was living in her car because her crazy drug dealing tenant in the other half of her duplex scared her out of her house.

Usually the most effective treatment that will kill them and their eggs is heat...then the question is what can you and can't you heat treat.

Hi Mathew, thanks for asking about in effect the tax treatment of non refundable option payments, rent credit etc!!

However, she is slightly mentally challenged (probably drug related from her past) and I'm fairly sure she isn't going to move.

If you had the intent to hold for investment and were waiting for capital appreciation, then it would certainly qualify for 1031 Exchange treatment.