Readers are advised to seek professional advice If you have more than one property rehab going on at the same time, how does irs/lender/investor know which expense goes with what property?

FB is not my fav, they are neither professional nor private. 

HI Bracken, I have a rental house in Ogden, and you're right the market has really been going up recently.My goal on such homes has been to buy with 20-25% down and have the rent be able to cover my PITI & professional property management.  

I finally took the plunge and have become a real estate professional.

I am also a real estate professional and I use DIY cost seg to do algorithm based cost seg studies.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hi, I'm Gerardo (G), a licensed real estate professional passionate about investing and property development.

However, if you or your spouse can meet the Real Estate Professional Status (REPS) requirements by working over your w2 hours in real estate and materially participating, the rental losses could offset your active income.

They did not communicate the scope well to the plumber, who it sounds like should not have been involved in the first place I would have a point-blank conversation about the above with your manager and ask who he or she thinks should cover the waste of paying multiple professionals to shuffle a thin plastic piece underneath an appliance the tenant was responsible for installing in the first place.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?