It involves renting out extra rooms, adding an ADU, converting unfinished spaces, or splitting the home into a duplex.

Real estate investing may involve more cash, but less time and focus (though certainly some).

It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.

If done right, it could be a win-win for everyone involved.

Such an act involves a deliberate disregard for the safety or well-being of another person.

It's not just a ramp that's involved but sink height, padded pipes, etc.

Another option would be to speak with your tax person about the requirements and expense involved in lending the cash to the llc when needed.

It did involve having to put in 3 dormers.

I really don’t want the seller to just walk away because the U&O is too difficult (I also went through this process about a month ago with another home.)Should I call offer some advice/contractors number to hire to get it fixed up, go get a lawyer involved, or do I have other options?

I can see the advantages of being able to get a down payment to reinvest in a small MFR and I will be able to capitalize on my lower interest for some positive cash flow.All of the disadvantages I can think of involve some upfront investment for legal advice and work, time for further education and that's about it.Any feedback will be greatly appreciated.Thanks all!