Turns out the estimate for a full of the entire basement gut down to the studs with mold removal and encapsulation and duct cleaning and fungicide treatment of HVAC system comes in at around $14K. 

In this instance, you are creating an entity (an LLC) but still obtaining one layer of tax (through the pass-through treatment of gains, losses, income and credit). 

Someone looking to do their first deal won't be receiving the VIP treatment.

Effective treatment is a collaborative process and tenants need to prepare properly to ensure effective treatment. 

Hey everyone - I am looking at a property in Syracuse, NY.  It is a corner lot.  There is a city sidewalk along the perimeter of the yard that is adjacent to the street.  There is also a concrete sidewalk from the fro...

scaling up in the rental business on your own is a lot of work. you also want to preserve that 500k owner occ exemption.. don't lose that .. that's the best tax treatment in the US> I think there are syndicates and other passive investments were professionals can handle the day to day that could be appropriate for this investor..   

If you have owned it longer than that you'll likely be looking at a 15% long-term treatment.  

DIY Treatment.

I purchased raw land last year with the intention of constructing several rental units on it.  At that time, the construction prices made this a very viable strategy.  With current construction prices, material shorta...

These may be items such as special flooring, lockers, decorative trim, special cabinetry, Computer equipment, wallcoverings, window treatment, etc.