@Audrey Sommerit's just a very, very rough rule of thumb that says to assume that 50% of a property's rent will go to non-financing expenses.it's a screening tool designed to screen down candidates to a manageable pool - but then every property needs to be analyzed on its own merits. 

. 🚧🔨🔥 Brand-new construction from the ground up🔥 Spacious, open-concept layout🔥 High-end finishes & custom design🔥 Prime location—walk to shops, dining, & parksThis one won’t last long!

Does the time and effort behind designing, permitting, and building the ADU count towards the REP status?

Show sellers how working with you benefits them and how you can simplify their challenges.Respect Is Everything: Be honest, authentic, and reliable.

The trades didn't pay as well back then so after high school I got an associate of liberal arts ( auto repair ase certification) then continued learn in ng took hydraulic system repair and building pumps included and until an injury in2003 was a journey iron working doing structural installing commercial doors where they originally were not designed to be .always running my own side home repair business and taking any chance to learn anything new or a better way to do things because I feel if you aren't moving forward you are  stagnating .I wanted to just say thank you for accepting me and I am grateful for any and all recommendations,tips or critiques as I strive to become the best version of myself I can .

Any amount over your adjusted basis in the property (initial cost minus depreciation) could be subject to capital gains tax unless you reinvest it strategically.2. 1033 Exchange (Involuntary Conversion): A 1033 exchange (involuntary conversion) is specifically designed for situations like fire, natural disasters, or eminent domain.

The $20,000 would be for a pre-designed building footprint. 

I absolutely love real estate and interior design.

S corp is a separate tax designation similar to a partnership in that there is no entity level tax but has some other nuances. 

As well, does interior design qualify as a real estate business?