We've utilized the VA loan for our current home, and this strategy has worked well so far.

Opt 1) utilizing our savings in the brokerage account and emergency fund and pay for it all up front. 

I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.  

These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.

They put utilities in their name and keep them paid.

They must satisfy "material participation" test for their STRs to utilize the strategy.

Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

How much do the utility hookups cost?

See if those can be covered for utilities.7.