A non-franchised Broker with six agents won't have professional training and resources, so a new agent won't be trained as well and will struggle to get started. 

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.

Readers should seek professional advice.

I’m a professional civil engineer with years of experience in construction and entrepreneurship.

Matt Scott, Incite Venture Capital and his team can be summarized as follows: over priced, non responsive, non professional agreement breaking, chip on their shoulder and otherwise a bad investment.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Steady Growth – Home to Ohio State University (the largest college in the U.S.) and major Fortune 500 companies like Cardinal Health, Nationwide Insurance, and L Brands, Columbus attracts a steady influx of students, professionals, and job seekers every year.Strong Rental Market – With a growing population and a high demand for housing, rental properties are in constant demand, making it a prime market for investors.Affordable Prices – Unlike other hot markets, Columbus still offers below-national-average home prices (around $275,000 median), giving investors a chance to buy in before prices climb even higher.

Real Estate Professional = 750 hours and more time on real estate than anything else.