The previous owner was asked to claim damage on the roof, and had it replaced on their insurance policy before we took ownership.We revived a dilapidated shed into a hobby she-shed.

Would you refund the guest who cancelled (claims it was due to illness), or take what the cancellation policy allows me to take on top of the money I will get from the nights being booked?

An uncomfortable conversation with my realtor ensued and then we worked a plan with the seller (who claimed to not know this fact either) to reduce the purchase price by $4k. 

It's advisable to work with professionals who have experience in navigating this process, such as historic preservation consultants and tax experts.Timing: The timing of when you claim the credits and how they impact your tax liability can vary.

The legals will vary, but in my experience in my state the spouse not applying has to quit claim deed to the other that's on the loan.

When I spoke to an investor friend of mine, they suggested staying away from that neighborhood because it was built on top of a swamp and that the houses there have a higher likelihood to have foundation problems.I wanted to see if there is a way to verify their claim.

Then the individually held properties were quit claimed into the partnership LLC. 

I don't know what I don't know of course (prior claims, electrical panel manufacturer, wiring etc.). 

Is there truth in the claim that having retirement (taxed and tax deferred) account for retirement means you get poorer every year as you draw funds to live on vs get richer with RE every year with rent, mortgage pay down, appreciation and tax benefits? 

Of note, there is a clear difference between tax strategy planning and tax preparation and the $25k paid was claimed by WealthAbility to cover both.