A Creative Finance Lawsuit can be brought by the Attorney General, the DOJ, FDIC, and on and on among others because it involves banks, wire transfers, possible fraud, possible identity theft, possible equity skimming, possible violations of the Consumer Protection Act, Dodd-Frank, ACT S.A.F.E.

So she stepped into a fully functional office/ patient base and my purchase included all the equipment fixtures everything which of course gave me substantial accelerated tax bene's.. its a NN lease so I only am responsible for the roof and exterior ( roof  was 5 years old and with no hail in this area it will last long time).

Some things that might be a concern:1) Obviously have to make sure things are all permitted first2) I don't want the room to "feel" like an addition, so flooring has to be same level/standardized with the rest of the house3) Unlike the rest of the house that has an identically-shaped 2200sqft basement underneath, this added space will not have a basement directly underneath it -- I'm not sure if this poses major cons for some reason that I'm not aware of4) Especially given the lack of basement underneath, I have to make sure that the HVAC can still somehow be piped into this room#2 and #3 are probably my biggest concerns (#1 and #4 I can find out relatively easily)Any tips/thoughts or other experience would be greatly appreciated. 

The best thing you can do to protect yourself is to get a rock solid lease and good insurance and make sure you keep your property maintained and provide all the safety equipment required by law.I only own one property atm and I don't even own the house I live in so I don't think the risk is worth the cost but once I get a few more properties I will definately get an LLC for my properties.

A business with good consistent cashflow can get large lines of credit, loans, and other credit facilities.In asset based lending or ABL, businesses can get credit facilities/loans/lines against their inventory, accounts receivables, equipment, or building (commercial RE) as well.

Hobby landlords are less concerned about profits and more concerned about having to work.For the small time operator the fear that a tenant may leave can be a frightening proposition since they are not equipped to replace that tenant efficiently and without a vacancy.

I feel like it is highway robbery what painters charge and I cannot fathom ever spending 1700 in materials in such a small property, probably closer to 500 absolutely tops and that's if you need new painting equipment.  

For illustration purposes if a tenant or passerby trips and becomes  hurt because of a premises liability event, if you discriminate against a tenant or buyer, fail to pay your contractor for work that was performed or any of the many fact patterns that could lead to claim exposure presents itself do you really believe your identity is going to stop a plaintiffs attorney from filing a claim, lien etc?

I ask since I did a lot of renovations in 2021 and Q1/Q2 2022.6) What qualifies as equipment under bonus depreciation?

Most house inspectors are equipped with that.