"However, the bonus depreciation is not prorated" is a very clear answer. 

Focus on building a network of contractors for repairs, set clear boundaries for house hacking, and take advantage of tax benefits.

Just click on thelittle black triangle to the left of the name Ok, so clearly I am incompetent.

My uncle has an offer he pays all development fees and then gives the guy who engineers it all 33% gross cut.

Moderators have no clear guidance on when to suspend or ban someone.

If I was the originator on this loan (loan officer, lender, or whatever title is used), I would have made this restriction very clear to my borrower if they had explained that they wanted to eventually use the property as a rental.

-"light value add" won't cut it if you want to refinance and get most of your outlay back out. 

This gives you a clear roadmap for how to handle the situation while sticking to what you both agreed to.

But unless their businesses are structured very carefully they're no operating in the clear. 

Many borrowers think they can “cut out” the middleman (mortgage or loan broker), save some upfront “points” and fees, and go direct to a lender.