Looks like might not be great as a straight-up investment, but if you need a home for yourself and the price is right, why not buy this place you like?

The lines need to be straight.  

I know there's been some confusion, so I'm here to set the record straight.

It seems like it would be easier to go straight to the listing agent, but some residential agents won’t do dual agency and it complicates things.

And most of them are not coming to Miami but are coming to peaceful towns. miami will always be expensive 12 straight years of appreciation in miami dade. 

She was using a tax definition for "in service" which differed from "Placed-in-Service" and I thought she was using straight English, when she was actually using another definition.Regardless, the last couple forum posts helped me to fill out my first P&L Statement, so I do greatly appreciate the feedback on these terms.

The zip code likely appeals to families looking for more space than a condo or townhome provides.Here is a chart showing the price per square foot ($/sq ft) for home sales in San Jose zip code 95111 over time, based on the data provided:DateMedian $/sq ftDec 2022$719Jan 2023$711Feb 2023$703Mar 2023$620Apr 2023$754May 2023$689Jun 2023$728Jul 2023$746Aug 2023$778Sep 2023$722Oct 2023$844Nov 2023$690Dec 2023$868Jan 2024$962Feb 2024$816Mar 2024$901Apr 2024$882May 2024$985A few key observations:The median price per square foot has generally trended upward over the 1.5 year period, from around $700/sq ft in late 2022 to nearly $1,000/sq ft by May 2024.There is some month-to-month variability, with dips in certain months like March 2023 ($620/sq ft) followed by recoveries.The highest median $/sq ft was in May 2024 at $985/sq ft, while the lowest was $620/sq ft in March 2023.Over the full period, the median price per square foot increased by about 37%, indicating significant price appreciation in this area.So in summary, the price per square foot data shows home values in zip code 95111 have climbed considerably from December 2022 to May 2024, though not in a straight line.

We only stopped doing that last year because we were tired of driving for nearly 4 years straight lol. 

I couldn't agree more, there are ways to complicate stuff but the fundamentals are pretty straight forward.

Some examples of this would be 1) depreciation calculations such as switching from straight-line depreciation to accelerated depreciation (often used for cost segregation studies when not performed in the year placed in service), 2) income recognition, and 3) inventory valuation such as changing from LIFO to FIFO.Correcting a mistake: If you realized that you used an incorrect accounting method after you filed your tax returns, you can file this form to request permission to change to the correct accounting method so that your tax reporting is accurate.Here’s a chart that you may find helpful when deciding whether you need to amend your return or file a Form 3115.As always, I recommend consulting your CPA or tax advisor as the rules can be complex.What is your experience with filing a Form 3115 or amending your tax return?