I invest in Mount Vernon and Anacortes in small multifamily and single family, and can't believe how much this area has appreciated.

Sure it matters to some, but plenty of others would rather look over the Eastern Ave border into west of the river Maryland (Mount Rainier, Hyattsville, Riverdale), which doesn’t have the stigma and issues (real and perceived) of EOTR *AND* first-time homebuyers with higher incomes and lower savings l can take advantage of the lower price/higher tax dynamic in MD for down payment issues.

Even still, if you itemize deductions instead of taking the standard deduction, you can exceed this mount pretty quickly considering all the other deductible expenses for a rental property investment.

I am not sure if we are talking about motorized houseboats or stationary?

For instance, prior to 2013, an HVAC system was not a UOP and replacing a motor in a broken HVAC system was a "repair" which was fully deductible.