Which site is the most accurate to estimate the fair value of the house based on your experience? 

I also agree there are many fake lenders out there and many are easy to spot based on ridiculously low rates and wanting $ upfront.  

And based on your statement "the more we thought about it, the more we realized we do not have the risk tolerance to rent out the illegal basement unit and would rather make it legal" it doesn't sound like it's a good fit for you.

I looks like the former, based on the following definition --"The term placed in service means the time that property is first placed by the taxpayer in a condition or state of readiness and availability for a specifically assigned function, whether for use in a trade or business, for the production of income, in a tax-exempt activity, or in a personal activity."

Unless its a 15 ft or deeper dig or road repairs , thats a high price ( based on Maryland ) . 

Your accountant may have different advice based on the property you seeking to invest in. 

But based off the books I've been reading, such as J.

In addition, working with you small client base could have other leads as well as testimonials for your website/ landing page. 

I’m playing the long game so cash flow is not a huge deal in the near future.

Would not Filing be the best LONG TERM play?