It will be added to the basis of the building and when converted to a rental will be eligible for depreciation.regarding your CPA referral, you may want to reach out to @Linda Weygant

Originally posted by @Linda Cheng:@David Begleyamazing accomplishment.  

Originally posted by @Linda Weygant:While neglecting to claim income or inflating expenses is tax fraud, doing the opposite may be considered mortgage fraud. 

@Linda Weygant, have you found any notable differences between Prosper and Lending Club from the lender perspective?

All IRAs are self directed.It is not clear from your post Linda S. whether you mean an IRA or a taxable account. if that is what you meant, then it would depend on a number of factors. you should do a comparison between the two.

So, I'm interested in hearing opinions as to how this ends.My bet is that Crimea ends up under the Russian flag, literally or as another behind the "curtain" and independent, but not as part of Ukraine.....my guess.Not a thread about the White House being weak, it isn't, the same issues happened with Eisenhower, almost Carter, Regan and Bush 1 with Hungry.Here, I'm not so sure this wasn't totally orchestrated by Putin from the beginning, the insurrection in the Ukraine for the overthrow, support and coordination.

@Carter M. not sure I am following you...could you please explain your calculations?

@Linda Jeffrey  I did a deal with a gentleman from Australia.

@Linda WilliamsAmanda Han is a real estate CPA active on BP.Your local REIA clubs can provide a real estate attorney.Paul

Originally posted by @Linda Weygant:I would encourage you to call these folks and talk to them about what your concerns are.