I have not called the insurance company yet, but planning to, because I think the deductible is $550.

Deductible: This is not a coverage but rather your portion of a claim.

So I'm guessing they did the same thing and just deducted it themselves. 

I would deduct from the security, ask him to pay for additional damages AND throw everything out that he left after leaving the keys in the mailbox.

BP Forum,This question pertains to deducting my home renovations for renting a room and renting the house a year from now. 

Is it possible to purchase real estate as a partnership LLC and have all the deductions be unevenly split between the partners? 

I'm looking at a deductible, holding costs and a new listing after the repairs are complete. 

It costs $650 for an investment property and the rest (deductibles, limits, etc are fixed). 

Maybe not if the correction is steep enough4) Interest deductions are going away with new tax law correct?

Asking price for a 2BR was a bit too high based on comp rents to get to our investment parameters but since the owner had no plans to use the property, I offered his purchase price in 2017 + 6% (commissions to agents) + $1,000 (assumed deductible on insurance for new roof), effectively getting a turnkey property without paying for the updates.