I can shed more light on this maybe but not sure what questions you may still have as many of the replies are good info.

If the electrical wiring looks okay, I might not rewire, but I will definitely pay to replace all the outlets and sometimes the light fixtures. 

Probably an excess contribution under 4973, but those are very lightly penalized compared to PT's.

Can anyone shed light on how/if taking the standard deduction impacts rental property deductions? 

That is not a bad thing, but you will need to work harder to find something with a little meat on the bone.Another option is to work through a reputable wholesaler and find something "lightly distressed"....more of a cosmetic rehab. 

Although it is well-established that a state's statutes are "public acts" for purposes of the Full Faith and Credit Clause, Bradford Electric Light Company v.

I got a package of lunch bags, opened 4-5 and inserted a sheet of lightly crumpled newspaper in each, squeezed the openings and tied them closed with a long string, and hung the bulbous bags in the areas the wasps were planning to build.

Setting a hard finish date for Open house lights a fire under your butt.- even if you don’t think you have problems with things like AC, heating, plumbing, etc., have it inspected.

Kitchen and existing bathroom remodel, new master bath, new attached garage, flooring, lighting, patch/paint etc.

(i) to promptly advise Owner/Agent of any items requiring repair, such as locks or light switches.