If you have any loan questions feel free to reach out. 

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

Readers should seek professional advice.

Sale price: $222,017 JWB Real Estate Capital helps busy professionals from across the world invest in real estate in Jacksonville, FL.

Have you already started connecting with any local professionals, or are you still searching?

Feel the fear and do it anyways is one of my motto's also a very great book!

This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?

All help is appreciated and I feel really bad because my other tenants go to work and have children that go to school and they are not able to sleep properly because of the loud music. 

This is platform for professionals and novice investors and you will learn a lot of valuable, hard-earned lessons in a short amount of time.

So, I feel its building calluses for the next deal that's larger... and the next... and the one after that.