On the second similar post I would ban them. 

My client has a property near the hospital where he runs his dental practice and has 6 hospitality units connected on the other end.

Hey (:So the traffic on this post might give you the answer...Generally a good cash flow market, flips are kind of stuck.

What is the point of partnering with your sisters?

Hello All I am currently in the process of condo shopping.

Links are kind of not allowed even though there is a spot for them in the post so some get removed.

When you become the builder , then the numbers work What he ^^^^ said.

The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.

Hi Nick, welcome to the community!

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.