Also, did you have any other loans (ie student loans, primary residence mortgage, etc) when you took on the $25k? 

Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.

This is an investment property of the seller, not their primary residence.

The parent must file a gift tax return annually, and any remaining balance is included in the estate.If the home was your primary residence for at least 2 of the last 5 years, you may exclude up to $250,000 ($500,000 if married filing jointly) of capital gains from taxes.

@Jason Khoury I purchased my current residence, a duplex, from a local non-profit about 5 years ago.

Many of the neighborhoods which intersect with downtown are experiencing waves of new residents looking to join in on the action. 

,I have sold and been managing properties that are near the MIA and haven't had any complaints from residents who are living in them.

Multifamily is considered residential since people reside in the structure. it's part of contractors license law, our testing is on it and violating can and will result in punitive actions.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.