Agreed,Should have been removed during rehab process but sometimes it can be missed.Rehabbed hundreds and many times the crews miss stuff so not completely on the seller.I always tell our investors to have common sense when doing a building inspection.Anything that can affect the long term sustainability of the property like foundation, roof, mechanics, HWH, furnace, electrical, plumbing is on us.Any cosmetic stuff that won't really affect rent or cashflow is up to negotiation.If investor is adamant on being fixed, we will fix but at a cost.There is no such thing as perfection on 50-100 year old homes.The demographic in my area also doesn't require perfection.If they do, we don't rent to such folks and advise the suburbs which come at a 3x monthly rent compared to the city.The tree should be removed by the seller and foundation addressed.Doesn't look too major to me anyway.Thanks 

The actual mechanics of retroactively calculating cost segregation and then applying it to your 2024 taxes are complicated.

If your pulling every mechanical component out, most interior wall and ceiling cladding, then the ROI on the energy upgrade may spec out nicely over a period of yearly savings (many years).

We also have a meeting set up with them to chat for a half hour in order to ask questions about what pieces of our return were most influenced by what elements of our businesses... we want to understand the mechanics that made this year so good so we can replicate next tax year.All in all, we are very happy and highly recommend ProVision (if I'm not mistaken, ProVision and Wealthability are two separate businesses...

A little about me I am a Navy Vet , I am a aircraft mechanic ,I am 42 years old and I am just tired of working for people I would like to work for myself and get rid of the 9-5 job.

The federal tax code establishes stringent criteria, including guest stays limited to seven days on average and the provision of basic hotel-like services, to qualify for this advantageous tax treatment.Understanding the mechanics of the short-term rental tax loophole is imperative.

It won’t turn out nicely.REASONS:If you want to know the mechanics of why: Read the followingMy real concern is a popular "guru" who has a Subto "community".

cosmetic upgrades; new mechanicals What was the outcome?

Regardless of the mechanics, it is still amortized debt at 9%+. 

The other issue to think about is mechanicals i.e. heating and cooling access and control, water heater access, and washer and dryer access.