Quote from @Jaron Walling: ...

From what I’ve read recently in the Wall Street Journal, the IRS doesn’t seem too picky about who manages the property initially.. what matters is that it’s actively being rented out.Now for Question 2, the key part to keep in mind is whether you hit that 100-hour rule in terms of participation for 2025.

Broken appliances, missing basics like a cork screw, no artwork on the walls and cold, ratty furniture that was clearly second-hand, noisy neighbors, and more.

From what I’ve read recently in the Wall Street Journal, some lenders have been more flexible with assumptions.

I'm exploring different options for building on vacant land here in CA and am very intrigued by pre-fab home designs (Walls etc.. are assembled in a factory and shipped to site).

For example if we are remodeling for a rental we paint all interiors one color...white.

Most enticing is it is located on a very well established street with a wall score of 92 - lots of restaurants, bars, shops and a park nearby.

Do people in your market pay more to not be living wall to wall?

3) Aside from washing the walls or getting a full repaint quoted, would it be reasonable to deduct the expected cost of "Kilz" paint/odor sealant brand for effected square footage?

I guess the question is what are they lying about (employment, evictions or putting a dent in the wall).