The house that has the well pressure tank also supplies the electric to the pump , if that tenant has their electric cut off , both buildings have no water . second , if there is a water treatment system that too is in the first house , who takes care of the chemicals.

I told him forget it.. not happening I am going the other way I am paying it off.. and just about there.. and I save for 2 years and ended up paying cash for the vegas place.. it all worked out. we move in next month for extended stays and tax treatment.

We worked closely with a person who specialized in helping persons get these credits who knew what to document and how to present it to get the most advantageous tax treatment.

Other odor treatments will mask the smell for awhile Good luck it's a tough job.. and pets don't belong in rentals. 

An interesting study in unintentional bias (yes, as an active sponsor I am sure I also have my bias/opinions).Couple real-world factors that may influence the decision :- Primary purpose of investment - Tax treatment (e.g. are you looking to offset capital gains?) 

(spouse participation is counted for MP)Second, once it is determined that a taxpayer qualifies as a real estate professional, nonpassive treatment is available only for rental real estate activities in which the real estate professional materially participates. 

For instance, the termite pre treatment went up significantly. 

@Jamarco Thomas, The good thing about the ESOP is the distribution is qualified for NUA Treatment ( capital gain treatment) compared to distribution from other Qualified plan such as 401k that is taxed at ordinary rate. 

For example, termite damage will likely require a completed termite treatment before the bank will close.

I'm assuming it depends on the extent of the damage but I'm not sure how much termite treatment costs.