So don't let that scare you again the way of your decision making.

My unit sits vacant longer and this poor family will struggle to find a good place to live.

This fast turnaround highlighted our ability to identify profitable opportunities and act decisively, creating value with minimal holding time.

Because making a big decision like this based on what someone on the Internet said isn't going to fly in front of a judge if you need that.Good Luck! 

@Matthew Platon - I think there are a lot of unforeseen factors that could affect my decision.

This is basically only in 2 wards and the alderman have the ability to make zoning and land use decisions for their specific ward, but the whole thing is counterproductive.  

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

Picking a house with major, costly structural issues or in a location with poor rental demand can hurt both the rental and refinance phases.

Professional tenants target mom and pop landlords with poor screening processes...rather than large class A and B properties with professional screening processes that disqualify most problem applicants...and lots of neighbors who actually pay their bills.  

Hi BP of Boston,When you consider rent increase, what factors do you base your decision on ?