To give more background info, this house is a 3-4 bedroom house with 2.5 baths, 2700 sq ft in a nice rural neighborhood with fenced in yard.

We have folks provide a picture of their badge or assignment letter, complete a background check application, and place a deposit.

If so, then being an investor is technically non-public.

That might not be the best use of your time if you don't have a financial background.

Technically what your mortgage broker is telling you is considered mortgage fraud.

Technically there are 7 ways, but for our purposes, we want to pass one of these three: 1. spend 500 hours materially participating in the rental activities 2.

Would defer to someone with a legal background as to the ramifications of lead inside vs. outside your house, adding more relevant links for folks hearing this for the first time.https://riag.ri.gov/press-releases/attorney-general-neronha-...https://health.ri.gov/programs/detail.php?

@Mario Richardson I don't think the location of the CPA matters provided that they have a solid background in Real Estate and software/tools to support you remotely.There are 20+ real estate CPAs commenting in this forum.

Hi Dylan - I am also new to RE investing but have a lot of background in building a solid financial base.

Keep track of what items are purely for the rental unit and what items are for both units.If it's an item that is technically for improvement of the whole house (landscaping, common area improvements, exterior siding/painting) you can only write off a portion.