HI, I own a part share of a nice recently renovated house in North London, with other members of my family owning the rest, left to me in my fathers estate, with probate granted in 1999, as a tenant in common.

I know that if a cost seg, l would need to back that out of my California return.Your answer seems to confirm what I suspected.

@Shaun OrtizMy first deal 19 years ago started as kind of a mess, but I got it cash flowing after a few months.

I guarantee not a single one of them has TS-Q clearance. 

Wayfair gets a lot of use. 

More people moving to a city is more potential tenants. 

I'm current angel investor looking to parlay some of the future investment payouts into real estate.

My property is fully renovated, furnished and ready for immediate occupancy, making it an ideal solution for families or individuals in need of temporary housing during their recovery process.I would greatly appreciate any insights, recommendations, or specific contacts that could help me effectively position this property in the disaster recovery housing market.I have one last question's lot of Insurance company stop writing policy in long island NY.

Even if the cost of the rehab doesn't increase the value of the property much it might be worth while BECAUSE you are doing the rehab to maximize RENTAL income NOT ARV because its a rental and you aren't doing a BRRRR. 3.

would love to connect. best of luck on your journey