You would file this final 1040 for the year 2022, including all income up to the date of death.For the year following their death (2023), if there is any income that the deceased person’s estate receives, this income would generally be reported on Form 1041, which is the U.S.

You may have to start in a less desirable area or a home that needs some work or is more dated to get started, even with the house hack.

We explored the idea of allowing it but for only 6months, but we think once the person is there for that long we can't enforce signed language about an exit date.

Also, eventually, the renovations are out of date or worn and you need to do another cap ex spend. 

@Emmanuel OlaIf you can get a longer term conventional loan I would choose that over a hard money loan every time - this is of course assuming the hard money loan has higher interest rate as well as a shorter maturity date

I find as much info as I can on internet searches.

He can also leave any furniture behind and we will clean up.2 – Flexibility to close/move in on date at his convenience.What other suggestions should I make to make my offer better?

I'm wondering if I'm missing anything: Mortgage (20% down, so no PMI) HOA Electricity Gas (None, as the new construction house has an electric stove—everything is electric) Water Bill Camera Security System Internet Lawn Care Regular MaintenanceQuestions: Will I need to pay for trash? 

Why not just extend the settlement date and wait?

STR is becoming a difficult strategy because there are so many costs (furniture maintenance, utilities, internet, etc.) that you have to factor in and if you are in an oversaturated market, then unless your property is unique, you can only compete on price.