While I'm not certain about your current real estate objectives, I can assure you that this is an excellent platform to enhance your knowledge and connect with others in the field.

These improvements included updating essential systems, modernizing the interior, and enhancing curb appeal, all of which dramatically increased the home’s market value and buyer appeal.

I'm here to learn and enhance my skills for better real estate deals and flipping houses. 

Enhancing your current property can often give a higher ROI than purchasing a new one.

I'm trying to help other people understand that making their rentals sustainable could actually enhance their returns quite a bit, and help the planet.

The cost basis includes:Purchase Price: The amount you paid for the property.Renovation Costs: Add the cost of improvements and remodels that significantly enhance the property's value.Closing Costs: Certain closing costs related to acquiring the property (like title fees) can be added to the basis.You will then allocate the total cost basis between the land (which isn't depreciable) and the building (which is depreciable over 27.5 years for residential properties).If you're unsure about how to allocate between land and building, you can use the allocation percentage from your property tax records or get an appraisal.This post does not create a CPA-Client relationship.

In situations where the county tax assessor’s land value is excessive, considering other options can yield significant permanent tax benefits that can be further enhanced by a cost segregation study.If you'd like to discuss this topic further, feel free to comment or DM.

**Marketing Enhancements:** - **Highlighting Key Features**: Ensure that your listing photos and description emphasize all the positive aspects of the home (recent renovation, location in the Poconos, proximity to amenities).

In other words, when purchasing they don't really consider my projections for the enhanced (very enhanced) cash flow from the furnished operation (although they understand this business and I provide detailed financial information to them).   

That said, you should still visit with your agent directly about your specific policy in hopes that they're aware of some loopholes or coverage enhancements within your policy that may respond on your behalf.