Looking for a generalization since I know that most investors would have different values for deductibles, personal property, etc. 

Now fast forward a bit I have two other big problems one the tenant and I agreed to just calculate the square footage of this sunroom and give her a deduction based on the square footage but it is still an issue with a leaking sunroom of doom. 

The 2018 Tax law discourages itemization by providing a bigger exemption and capping mortgage interest and SALT deductions.

My question is how different is flipping these different from stick homes with respect to federal taxes in regards to deducting all the repairs and such.

I’m under contract on a duplex and want to make sure I capture all possible tax deductions.

However, should he say this is a legitimate deduction, then file a charge to your LLC to reimburse you for expenses paid. 

Make sure you are getting all the deductions.

After that date, we'd deduct $100 from the OH&P line item for every day they weren't finished.But keep in mind no contractor would be willing to agree to this unless you were feeding them steady business and they'd worked with you in the past.

If we deduct the monthly loan payment of $328.18 from monthly expense of $890.68, it leaves us with $562.50 which is 45% of the income $1250. 

Have your attorney draft a letter to them stating any damage will be deducted from their security deposit and if there are cost overruns, you have authorized your attorney to file suit against them.