I'd like to know because if they select them as they are entered into their database, right after filing, then there is another good reason to always extend and file on the last day.

In the future, I’ll factor in contractor costs more.

Oil heating costs are outrageous and you also have to deal with leaking tanks which can be a nightmare.

Then if I have additional concerns I call in an expert to get further information and an estimate on what the repair will cost.

Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit 

Speaking to a contractor, just to remodel 3 of the 8 buildings could cost around $750,000. 

We offered 407 and asked for closing costs.

A lot of it is the standard Buildium application, most of the extras I put in there after reading Landlording on Autopilot by Mike Butler.Application fee needs to cover all your screening costs. 

The question is, what is the intention  of the owner, not what would a reasonable person think is the intention of the owner.

Which increases paperwork & costs for little benefit - if any.4) You'll need an entity in the US.You need to discuss all this with a qualified tax professional or attorney.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.