If anything I would make sure each capitalized improvement expendIture is correctly documented so that you can find this data if you need it.

Do you have knowledge of the ins and outs of expenditures that qualify/claiming the historic tax credit through your preservation consulting?

In this situation the IRS is not going to advise you that you could deduct these expenses.Lenders and underwriters may question normal expenditures that are missing.

They are factoring out capital expenditures to get that 75% number so if the 675 a month rent x .75 = $506 covers the 60k debt service, taxes and insurance , which it absolutely should, then that debt should not be counted against you.

@Troy S.Haha, yes I've been marketing steadily for 5 months, but have had a large workload of late, and decided I would invest time into a system that could take a large load of mundane tasks off my plate.And I work out every day as well as track my macronutrients and calories.

So it clearly depends on your financial condition , if you can pay the cash and take care of future expenditure then go for that else take a mortgage.

Some expenses are capital expenditures and rules apply differently, depreciation was big deduction, but just make sure deduct building and not land.

However, because of the very unique aspects of their particular profession, the Service (and Courts)  can accept this as an expenditure directly related to business activities.Below is an article excerpt demonstrating this (you can easily find others):"In 1994, one stripper's attempt to get more tips led her to undergo breast augmentation surgery.

Even if this persists for several days, this may be necessary to "keep the peace" and is a good expenditure to possibly save thousands to correct the sewer issue.

Snow expenditures of plowing was ok but salting was triple.!