. ($24,000)  The seller's agent may (or may not) offer a portion of that commission to the buyer's agent.

Hi all, New investor here with some questions on the refinance portion of the BRRRR strategy.

Get a submeter to bill each tenant their portion 

Keep track of what items are purely for the rental unit and what items are for both units.If it's an item that is technically for improvement of the whole house (landscaping, common area improvements, exterior siding/painting) you can only write off a portion.

Last portion is Q&A on topic.     

Usually you can add additional support and fix this problem but I did run into one house where there was a single center support running through the middle of the house that was entirely rotted and the only way to get a new support of the appropriate length in would have been to take out a portion of the basement and first floor walls.

For example, if I were to stop renting out a portion of the home, and live in the entire home for the year before sale, would that allow the entirety of the profits to fall under the 250k tax free limit?

You'll find this article to be very informative and crucial to reaching your goals: The Core 4 Members Vital to a Profitable Long-Distance Real Estate Investing Team. 

There's a couple things - you can get bridge funding now or some type of private money bridge/construction loan that will give you acquisition funds, so that you can acquire said building and then take the time to get your permitting squared, and then roll into construction portion once ready. 

The original plan was to split the home and do a dual rental where one portion would be an Airbnb and the other a regular LTR, but after completing the rehab we decided to have it fully as an LTR.