MTRs fall into the standard long term rental( 30 day +) category and will follow those regulations set for Long term rentals.

Quote from @Caleb Brown: Another category is the home that needs lot of work. 

@Gene PanicciaManagement fees vary, but it's not uncommon for a PM to charge fees for managing tenant-paid utilities or coordinating repairs.

I'm thinking of maybe just lumping them into a category under repairs or something but want to see if others have a It sounds like categorizing deductions under a ‘repairs’ category could work as a temporary fix, but it might not give you the full accuracy you’re looking for long-term.

That will put us into the long term capital gains category on the sale. 

Or does it vary by area

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

Hi Karen;The condition of houses vary greatly in Delavan. 

Also, as fyi, the load amount is for $487,500 (I'm not entirely sure if that would fall under a large transaction category).Yup  I would say there is a good chance that you front the 7500 and don't get the loan.. 

TECHNICALLY, this falls within the long-term laws because there are only 2 categories - long-term or short-term.