Because you can build a house with an attached guest house, then just seal off the door and have 2 houses.3) If you have to have chickens then you need to move on because they ain't gonna change that easily4) If the random crap bothers you, also move on5) You have your extra structure already in the old cabin so that's a bonus. re they making you tear it down.Sounds like way too many restrictions for me, especially out in the country on a 5 acre lot.

I choose the category (cleaning, repairs, utility bill, etc.), enter a description of the charge, list the amount, and add it to the ledger.

I think since the tax year still benefits from the 80% bonus depreciation, taking a few extra thousand in bonus isn't worth the risk of additional scrutiny by a tax court.

In my area the common ones that fall into that category are garbage and sewer but in other areas they might also include things like water and electric even.

I have yet to do a true rehab (flip), but my advice would be to absorb as much information as you can and set up keyword alerts for the "fix & flip" to see others questions and answers as well as look through the deal analysis forum category to see how others analyze deals and estimate rehab costs.

The bonus is that it’s only 2hrs away from home and we get to enjoy it with our friends and family!

I will be house hacking my primary home and I am wondering that are the implications on Solar tax credit and bonus depreciation?

If you have a loft or bonus room, maybe make that area adults..multi game video, pinball and poker table and make the garage for the kids and a mini split is a must. 

I posted a question in another category regarding this, also.

This lists all income and expenses per category.