Just file the Schedule E with 39 year SL dep - want to file normally and have the tax losses offset W2 income. 

Regarding charges for damages, it depends on state & local laws AND court/judge tendancies.Most leases state tenants must return a property back to the owner/landlord in the same or better condition than when they took possession - normal wear & tear excepted.So, what is "normal wear & tear"?

Lipstick rehabs are normally just redoing kitchen + bathrooms + light work around the house.

He gives off sleazy used car salesman vibes when communicating with him and I worry about giving him any money only to never hear from him again. 

It ran after a car coming up the driveway the other day and was barking at our guests. 

So from funding balt city row houses to loudoun county :)Yeah it’s funny even on a personal level I lived in D.C. last year and the crime while I was never a victim there were probably at least a half dozen shootings within a few blocks a my apartment (which was literally across from where the nats play, a good part of town) and literally so many car jackings I lost count, eventually at the end of the year I was like I’m not paying 3k a month to have constant shootings next door, I’ve ended up for a variety of reasons spending at town of time on the eastern shore, and I kind of realized this is walkable & safe & affordable, I kind of think small towns are the future.  

Does this sound like a normal timeline for closing in NYSThank you!!

Owner of neighboring property is willing to selling the ell, and develop-able vacant land in the area goes for $10-$15/sf normally. 

Definitely more of a suburban location, probably 20-25 min by car to the downtown area from either.

We built the bosses sister a 3500 square foot home. 4 bedroom, 2 1/2 baths, cavernous kitchen/dining/living room with 25' cathedral ceiling, massive laundry room, massive entry, office, gym, multiple pantries and closets, 2 car garage with 2nd floor game room.