Some takeaways from him:Treasury Regulations section 1.280A-2(i)(3) gives a couple of ways you can proportion the rental portion of a property--my accountant used square footage.Under section 280A of the tax code, common areas that you also use are considered part of your personal space and unfortunately aren’t counted as part of the rental space in the proportion calculation.

That said my go to 'line' in situations like this is something to the effect of: "Thanks for clarifying that requirement for me, could you point me to the specific section or sections in the code that covers this?" 

Acquired for $125,000, it was more than just a property; it was a canvas awaiting our touch.With unwavering determination, we invested $103,000 in a complete renovation, infusing every corner with passion and purpose.

Acquired for $125,000, it was more than just a property; it was a canvas awaiting our touch.With unwavering determination, we invested $103,000 in a complete renovation, infusing every corner with passion and purpose.

Every hammer strike, every brushstroke, was infused with passion and purpose as we breathed new life into every corner of this property, ensuring it reflected the very essence of home.And now, as the sun sets on this chapter, we stand on the threshold of a new dawn.

I have found it very difficult to find an effective property manager to manage section 8 tenants.

Even  for us which had the liquidity and ability to rescue these as I stated I would never pay market or over market you box yourself into a corner .

Im cornering the market, own my own title company, mortgage company, own real estate office and own my own private bank

Hi I help my mother manage a property in NYC - brooklyn with a elderly (80s) section 8 tenant.

And why is there not a separate section on self-storage?