You'll have about 5k a year in principal paydown. 

That’s why this tool breaks down various components like cash flow, principal paydown, home and renovation appreciation, initial equity, and depreciation for potential tax savings.

file=2024-07/Natural_Disaster_Relief_Consumer_Flyer_GSEs.pdf) [oai_citation:1,Disaster Resiliency and Relief | Fannie Mae](https://www.fanniemae.com/about-us/what-we-do/disaster-resiliency-and-relief).Send me a DM if any of these resources don’t lead to a solution and I can offer guidance.

She never completed the renewal form.I screenshotted, printed, and filed it away as renewed for the year.

$X principal reduction gets you X extra months.  

What would you recommend as the best strategy for accounting for this situation as we file taxes for the 2023 tax year.

I did find verbiage but from another jurisdiction "Unavailable for rent means a unit whose owner has filed with the code official a statement signed under penalty of perjury that such unit is not offered or available for rent as a rental unit and that prior to offering or making the unit available as a rental unit, the owner will apply for a Residential Rental Business License and comply with any applicable administrative regulations adopted pursuant to this chapter...."

She never completed the renewal form.I screenshotted, printed, and filed it away as renewed for the year.

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

In phase 2 of my growth as a REI, I would have the contractor do the shopping and used Home Depot’s “text to confirm” system where you can see all the items the contractor is purchasing (with pictures, quantities, and pricing), and then you approve the purchase (or deny it) with the credit card on file.