Additionally Section 8 owns a ton of apartment complexes so there is aggressive competition when compared to the single family vouchers that are very commonly available to us small-time housing providers.Love to talk Toledo, again thank you for the interest!

You must generally file Form 3115, Application for Change in Accounting Method, to request a change in your method of accounting for depreciation.The following are examples of a change in method of accounting for depreciation.A change from an impermissible method of determining depreciation for depreciable property if the impermissible method was used in two or more consecutively filed tax returns.A change in the treatment of an asset from nondepreciable to depreciable or vice versa.A change in the depreciation method, period of recovery, or convention of a depreciable asset.A change from not claiming to claiming the special depreciation allowance if you did not make the election to not claim any special allowance.A change from claiming a 50% special depreciation allowance to claiming a 100% special depreciation allowance for qualified property acquired and placed in service by you after September 27, 2017 (if you did not make the election under section 168(k)(10) to claim a 50% special depreciation allowance).Changes in depreciation that are not a change in method of accounting (and may only be made on an amended return) include the following.An adjustment in the useful life of a depreciable asset for which depreciation is determined under section 167.A change in use of an asset in the hands of the same taxpayer.Making a late depreciation election or revoking a timely valid depreciation election (including the election not to deduct the special depreciation allowance).

However down the line if we fully converted the garage and got the extra bedroom up to code we could get more, especially through section 8.

There is also VinFast, WolfSpeed, the Toyota Battery Plant, ... large pharmaceutical companies, manufacturers, energy producers, and a diverse cross section of other industries who are moving to or expanding within an hour of Raleigh.

Of course they all have personal guarantee.I am referring to rules Freddie has here https://guide.freddiemac.com/app/guide/section/5401.2 or Fannie has here https://selling-guide.fanniemae.com/sel/b3-6-05/monthly-debt... that debt paid for 12 months or longer by business can be excluded.

I have an excellent inspection agent who finds every issue in all nook and corners.

That's the section of the bank we want.

I had a crazy incident where a huge section of the roof blew off in wind storm in May 2022.

My original plan was to rent out the space to Section 8 tenants, but from my experience so far, dealing with Baltimore City housing and inspections can be a serious pill.

I see this section:"If the address of any record owner is not located in the county in which the dwelling islocated, the name and address of a person who resides in the county and is authorized toaccept notices from a tenant, to issue receipts for those notices and to accept service ofprocess on behalf of the out-of-county record owner(s) is as follows:"What am I supposed to do in this case?