Taxpayer files and amended return for 2004.

She 'amended' the lease verbally on the phone, making it a he said/she said.

(But you would be able to amend the prior year return at that time) There are other limits that could potentially apply as well.Bottom line - You are asking very good questions, but this is too complex an issue and too fact specific to your investment and investor for us to answer on the forum.

I posted on another thread that I thought i may have to amend last years return as that's where I now see this two line item depreciation issue while doing this years taxes Last year was first year it was rented too.

I’m in the state of Idaho, can I legally raise the rent when this amendment takes place?

They suggested to go through a public hearing to amend that and pay $13k in fees, though that doesn't guarantee the changing of the original permit.The other interesting thing I found about my property was that the previous owner added 100sqft in 1996 with all the city permits.

Once they do, you can start taking action - either finding new tenants, re-qualifying each without the other, amending leases, and/or doing something else. 

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

HR block does my taxes I’ll post details in few weeks on how I did...Feel free to reach out to one of the tax pros on BP when you need that amended. 

Jeff,I concur, but would amend the above to say you must not just earn more than your cost of funds for the leverage to be beneficial, but more than your opportunity costs.Right now, we can borrow at prime (3%) from our corporate line of credit, or less if we place a mortgage.