For the modifications, cities generally focus on safety and code compliance, but since you're considering structural changes like wall removal and garage conversions, obtaining permits is key.

This months zip codes all produced an ROI of 7%! 

They had a discount code in the email newsletter, but I don't see the value add yet.

*I am not a CPA, tax professional or a lawyer*I cannot give legal advice, so all of my advice is illegal advice.As far as I know, section 469 of the tax code is what allows for the "STR loophole". 

I say in my description and remind them when texting the door codes that it is all Roku and streaming, and they need their passwords for channels. 

The tax advisor you are speaking with will call it that because they want to demonstrate their value but all they are doing is following the tax code.

Current building code requirements and local amendments should be considered forrebuilding the fire-damaged portion of the residence.The Engineer shall have no liability to the Owners, or to others for the acts or omissions of theContractor or any other Persons performing work on the project, or failure of the Contractor tocarry out the work in accordance with this letter, except where specifically inspected andapproved by the engineer and discovery of defect is possible within the normal ability or standardof care for the industry.This report is based on a diligent visual inspection of the referenced areas.

There are some general rules but there is also room for flexibility built into the tax code depending on your specific tax strategy.Is your duplex separately metered?

It depends on the zip code and the specific property.

So, you're not "wrong" in thinking it's complicated.The tax code plays heavily into how certain transactions are categorized and there is some flexibility regarding what we can capitalize versus deduct.