Buy your Own MaterialsThe hot tip for the week is: Buy your materials / supplies, especially for high-priced /large / single items.

Add the fact that you're basically by you're private beach there, you have all the sporting activities, food and your flight included and you get to meet people.

If the improvement has a life shorter than 20 years (items that would show up on a cost seg like carpeting, etc) you can take 100% bonus this year.

Mortgage interest is (potentially) deductible as an itemized deduction on Schedule A only if it is secured by that given property. 

Ultimate respect is given to the school janitor, the fast food worker, and the residents of the mobile home park because they are probably better with their money than mom and dad.My kids are given a lot of advantages, including nice vacations, a large house, and a good public school education.

Last item would be on the chance that the damages were SO severe, that you could look to file a claim with your hazard/ home insurance. 

Income is $600,000 per year and husband and wife both work full-time non real estate jobs.Is it true that the tax benefits are greater, or realized more quickly, on purchases like furniture or televisions to itemize a rental property, when they are made AFTER the date the property is put in service?

Good morning fellow BiggerPockets,I just received a final term sheet from Acqua Funding with a line item called Capital Markets Fee of $2250.

Food cost, Insurance cost, Drinking cost, eating out cost are all going up.  

thereby allowing these plumbing updates to pay for themselves).I've got the toilets and faucets all picked out (because I have personal experience with these and I know which ones are good) - but I'm not sure what to do about the shower heads...I know that shower heads are an item that can be the biggest money-saver (because these tend to consume more water than anything else).