You should run your numbers independently of a proforma to be safe. 

As a result, you will need to depreciate this expense over a period of time instead of deducting it in the same year.Because the amount exceeds $2,500, you cannot take advantage of the de minimis safe harbor.

I've spoken to some and none have said this is a safe loan to make.Best of luck,

Basically, new rules were put in place to make sure condos are safe and sound and are holding adequate reserves.

I like to buy properties that I would feel safe and comfortable living in personally if I ever needed to live there.

@Dan KielySugar Land and Katy are family-friendly suburbs with good schools, a strong job market, and a safe environment, but have higher property taxes and commute times.

If guests feel comfortable, safe, and cared for, they’re more likely to return and leave positive reviews.

However, improvements generally need to be capitalized and depreciated over their useful life unless the amount is below $2,500, in which case you can utilize the de minimis safe harbor to deduct those costs in the current year.

If you don’t understand pace, mimicking, reinforcements, buy signals, Neuro-linguistics and  closing techniques, who cares if direct mail works. my inbound script for when the phone rings is nearly 50 pages long.  

Legislation is pretty clear in on priority to keep safe unpermitted units.