I have had to repair appliances that would ordinarily be retired.

Also, with a rental in Tennessee, you also open yourself up to franchise taxes that you ordinarily wouldn't have.The one thing you should be ready to hear is that you should NOT mingle the passive income from your rentals with the ordinary income from dropshipping. 

Ordinarily we'd just move on but since we've invested so much time already and Paul is pressuring us we ask seller for some concessions. 8/1/2020 - Seller wants to get their own bid before agreeing to your new price9/1/2020 - Seller agrees to asking price 9/15/2020 - HUD consultant has another walkthrough and agrees new price and scope of work will align with ARV10/1/2020 - You have agreed to scope of work and signed all bank documents regarding scope. 

The frequency and substantiality of sales are highly probative on the issue of holding purpose because the presence of frequent sales ordinarily belies the contention that property is being held "for investment" rather than "for sale."

Aside from expenses mentioned above at closing, multi-unit properties can have a large number of ongoing monthly costs that you would not ordinarily think about.Utilities.

For instance, if the owner pays personal bills from the business checking account or ignores the legal formalities that a corporation or LLC must follow (for example, by making important corporate or LLC decisions without recording them in minutes of a meeting), a court could decide that the owner isn't entitled to the limited liability that the corporate business structure would ordinarily provide.The company's actions were wrongful or fraudulent.

It needed a lot of deferred maintenance, thus the price was a little lower than it would have been ordinarily.  

I wouldn’t ordinarily do this but She’s pretty destitute so I had the ( stupid) idea I’d give her my Christmas ham that I receive from my w2 job each year since I only like spiral honey Hams. when I went to my triplex  to my dismay I saw where she had slithered  into the basement and confiscated all three  snow shovels and was keeping them to herself in her unit but when questioned she was a adamit they were all hers that she bought -all three lol I just shook my head ,laughed to myself how I got robbed by a little old lady ,and remembered why I don’t give out gifts !! 

How the IRS defines a principal residence: “If a taxpayer alternates between two properties, using each as a residence for successive periods of time, the property that the taxpayer uses a majority of the time during the year ordinarily will be considered the taxpayer’s principal residence.”

The fact that we wanted the property so badly made us give a little more than we ordinarily would have.