I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

Reverse 1031 Exchanges are more complicated and have higher costs, but can solve these problems. 

24 dead now as of this morning.....Costs are already estimated at $250 billion, high winds returning (50-70 mph) through Wednesday.

Do you feel like it has enhanced the productivity of your assistants to a magnitude that's worth the cost?

Of course there is also market opportunity cost to consider.

The entitlements would cost 50k to do. we'd make 2 million on the land if we do the deal. stick to the same market and same asset class. we do urban adjacent urban infill for midrise in hotels and extended stays and apartments in Columbus Ohio. what market are you in?

Eastmoor and whitehall are good too because of newer home ages after 1940 where you don't have knob and tube wiring and some of the other issues. don't be afraid to look at new construction or ground up new builds closer to downtown. rentals are overpriced in these areas but build costs are low and it can be a good strategy 

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

You can always consider doing a cost seg study on a property that you buy and that can also help with tax benefits if you cannot qualify for the real estate professional status.

Structuring the agreement properly, outlining how profits will be split, who covers the rehab costs, and what the timeline looks like can ensure the seller feels confident in the process.