I googled it and found this:If you rent it to tenants, you would treat it as a rental and report it on a Form Schedule E.

The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.  

For termites, has to be treated lumber.

How do the MLSs in the state treat equitable interests?

Bad things like this are common.

@Alvin Sylvain in the eyes of the law and regarding housing, an ESA is treated just like a service animal.

It may be tempting to treat them as one property and do what is called "cross collateralization" in order to maximize the amount you can borrow.

They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.

If you had identified the property, the cost and the travel cost would have been added to the basis of the property and depreciated.These initial investigatory costs are treated differently for flipping and rentals.1) Flipping: The travel cost to investigate will be treated as a business cost and deducted as an ordinary travel cost.

Dear Geri, Very, very sorry to hear about this investment gone bad.