Additionally, high-income earners with modified adjusted gross income (MAGI) over $250,000 (married filing jointly) may be subject to the 3.8% Net Investment Income Tax (NIIT).For 2025, bonus depreciation is at 40%, so consider leveraging it for eligible property assets like appliances or fixtures to accelerate deductions.

Something between #1 and #2I know the answer is probably something like "however the numbers work best", but I'm looking for general guidance.

I would also like to know the purchase price and current market value.

I am under contract on a property that looks like it will not close.When I got the 3 fireplaces inspected, it was only a few hundred dollars extra to chimney sweep them at the time of inspection so we paid to get them swept. 

Quote from @Matthew Samson: @Corby Goade yep, that sounds like a plan.

What are the average margins like in areas you are familiar with.  

I have a BS in project management, and I can say I have never seen anything like this in the construction field.  

I don't have a lot of time or bandwidth to invest in a fixer-upper and I would like something with limited work.  

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

They are releasing permits now on a regular basis and things are able to move forward like they should.