Whichever theme you choose just make sure the optin-form is above the fold so that users can see it right away.

@Christopher Nerio,When you convert your property to a rental, the tax basis for depreciation is either the adjusted cost basis (calculated the way you described), or, the market value at the time of conversion, whichever is less.If the FMV was less than your calculated cost basis, then that number is used to determine your depreciation expense in the manner you described.

(You can use purchase price plus cap ex (your $$ into home improvements like new deck) or fair market value (your home's expected sale price), whichever is lower.

When you refinance a lien on an investment property you can refinance 75% of the "After Repair Value" or the amount of the loan + closing costs...whichever is the lower amount essentially.

Fannie/Freddie allow cash out refinancing when buying cash or with a HELOC under thier "Delayed Financing" rule but there are two really important elements:You are limited to receiving either your purchase price + closing costs....or75% of the After Repair Value....whichever is the LOWER amount.For example, if you buy a home for $70k, put $10k into renovations and the home is worth $100k, then you would be limited to receiving back $70k + your closing costs when you purchased the property.  

For non owner occupied they told me they would loan maximum of 55% of either appraisal or purchase price, which ever was less. 

He would store the bike in the garage for as long as he has the bike or as long as he is a tenant (which ever lasts longer). 

Best of luck to you whichever path you choose.

@Susan Robb,would you please clarify whether an HVAC component or system can be expensed using the less than $10,000 or 2% of the adjusted basis (whichever is less) rule?  

I also see no reason you have to tell them you're terminating, so I say go ahead and do it whichever way makes you most comfortable.I don't know that there will be too much weirdness, I'd understand if my LL told me I needed to go by some date and appreciate the extra time.