Secondly, the appraisal often notes functional obsolescence because of this and a lack of a common area.

Another issue I see with older homes is the layout and functionality is tough to manipulate even during a full gut.

And I don’t want to write a book about it. 

But boy, do we love recording podcasts and writing articles and sounding smart.So, Trump is going to restore 100% bonus depreciation, y'all say?

There are some important factors that you need to take note of with regards to the 1031 exchange or the Tax-deferred exchange: •One important requirement you need to have if are an investor and you want to take advantage of this 1031 Exchange is that the property you are selling should be significant when it comes to trade or business functions that are beneficial for the people as well as for the government.

Most do not follow it which is you can have someone assist in capital raise but it cannot be their only function - it must be less than 50%.

I'm not saying you can't make a decent return on rentals - I and many others here have done great with it - but if you have a well-functioning, profitable business that you know, why would you gamble money into Memphis *******es, to put it bluntly? 

There are some markets that will write both together and if affordable, that would the way I would recommend going.   

Write targeted letters yourself saying you own and live in a multi in the area and are looking to expand.

Before listing it on an STR platform, I need to make some improvements to my current home.How can I maximize tax write-offs for these improvements?