This is a material change to the status of the property.

Congress pushed to promote home ownership through programs and relaxed lending standards.

My accountant claimed the materials in the year they were bought.

I didn't waste 6 months, in my opinion, since my focus was to create a system that promotes crediability for my business.You dont need a course to learn how to preform direct mail, drive for dollars or door knocking.

Would you mind sharing where you got your materials?

The last one was a single family home & took a week & $2200 in materials as a lot of the cast iron barely functional drains were also replaced. 

(Of course that would be contingent upon you becoming an agent at that brokerage and staying there for 6-12 months or something of that nature.)Other good questions to ask them would be what are their commission splits, a breakdown of ALL fees (monthly or annually), what their commission cap is, whether they provide leads for you and if the commission changes if they do, how often they provide training and what the topics of the trainings usually are, do they provide mentoring to help you work through deals, etc.Also, keep in mind that there are fees that the Broker has no control over such as MLS access, ($300/6 mo in PA), Realtor dues if the Broker is a member of the association of Realtors ($600/yr in PA), marketing materials, cost of yard signs, networking associations to network with investors, etc.

Because I'm not up to my eyeballs in business, I can focus all of my available time on your needs.As the owner of a small brokerage, I'll promote the personal service.  

A lot of other properties in my area were built 1990-2010 and the building construction is much better in terms of materials(copper/pvc pipe vs steel, ect) and I would use 5%.

□When you read real estate law materials or take real estate classes and seminars, do you keep in mind that a large part of real estate law is state specific and what your are reading or hearing may or may not be the law in your state?