The numbers i had were assuming replacement of the roof so I guess I was shrugging it off because I was assuming it needed to be replaced but it would be a bonus if it didn't.

My name is Sheron Cardin and I am an interior designer with an ebusiness for home sellers and agents who need to transform their listings into a marketable product...aka Home Staging.

Your own feeling of personal accomplishment and seeing the transformation from dud to stud (the house, not you!

You have to build all of these into your accounting for profit and loss.Look at appreciation as a bonus and not a guarantee.

I guess one option is for me to live in the last unit for 2 years to get the 250k tax-free bonus, and meanwhile use a equity line against the unit to continue investing.Andy

That way, he at least knows for 4 years he is going to get his 8% and if he doesnt he will get a bonus.

Hoping Brandon will chime in here...Investors from multi-billion dollar hedge funds to individuals buying as few as 10 properties have acquired more than 1 million homes across the U.S. in the past three years, transforming a mom-and-pop business into one of Wall Street's hottest investments.

If you already like the deal and have an opportunity to get a discount, that is obviously a bonus.

They also mentioned something about bonus depreciation as well.....

I'd like to tie this 'bonus' to the sale of the house, but I don't think that will help him, based on what he has told me.