:I buy 10-20 at a crack so my prices might not be the same as yours are.well la-de-da!

I agree with Linda D.. A

Additionally, my thinking relative to this particular set of duplexes is that they are all clustered together in the same cul-da-sac, which functions more like an apartment complex, yet you have the flexibility at some point to sell them individually, a few at a time, or as a package deal.  

Based on my reading of the Sonoma County webpage regarding short term rentals, a vacation rental permit seems much more obtainable than in Napa County if the following conditions are met:- Has to be zoned as AR, RR, R1, LC, LEA, DA, or RRD- Have less than 5 guest rooms- Need to pay the Vacation Rental Zoning Permit Fee ($849.00)- A Certified Property Manager is required- And you have to fill out a bunch of formsAs far as I can tell, there isn't a limit on then number of permits that can be issued by the county.

Amounts paid to acquire or produce a unit of real or personal property include the invoice price, transaction costs as determined under paragraph (f) of this section, and costs for work performed prior to the date that the unit of property is placed in service by the taxpayer (without regard to any applicable convention under section 168(d)). A

I'm not too sure about that, especially with the kind of clowns I've seen put in tile here in da Burgh.I'm sure the tile floors I lay down with my incredibly talented and supremely skilled  two good hands are nothing short of perfect (always 'umble, very 'umble), but about two months ago, we pulled out about 350 square feet on No. 1 three-quarter-inch white oak tongue and groove flooring that I dated to circa 1928.

What I'm going through now, reminds me to a memory of my tax prepare, of about 10 years, said to me, "play the game, leave the rest up to me"; in essence, put your money into the system, pay your da*n taxes and I will get you an amazing return.This system worked great, until I wanted to start a REI business.So, have you been swayed one way or the other, claiming a mound of business deductions on your business or personal taxes or just biting the bullet and writing the check? 

You might get some free advice, maybe action, out of your DA!

What's up everyone - first time posting on DA forum...be gentle!

@Ryan Schuler, you (and your Father) really need a trusted Tax Advisor regarding those implications.