I'm pretty sure that in both cases, if I wanted just the termite inspection for some reason, I could have paid a lower fee and gotten that.Keep in mind that I'm very new to this, but my thinking goes as follows: If you know the house needs (say) $50K of rehab otherwise, and you have to open up enough of the walls or floors that you'll probably see any damage that is already there, then skipping the inspection and maybe having to spend another $2K on treatment if you find damage is probably not such a big deal. 

If the CPA is even talking about the Tax Court's treatment of something, that would be legal advice and improper.

Per the mitigation firm, the mold is contained to the crawlspace, with no indication it is in the living space.Environmental Services said that he feels that the home is safe to stay in since the mold is 1) in the crawlspace, 2) there is a plastic tent over the access trapdoor, 3) the furnace is not located in the crawlspace, 4) the mitigation company has established negative air pressure in the crawlspace 5) as well as using anti microbial treatments and 6) water remediation efforts.I consulted with a real estate attorney.  

A doctor’s letter does not turn an animal into a service animal.While Emotional Support Animals or Comfort Animals are often used as part of a medical treatment plan as therapy animals, they are not considered service animals under the ADA.

I'm inclined to LLC as I was told LLC offers better protection and may have better tax treatment.2.

Hi Mark, The payoff of a seller's note 3 years later is not considered to be a sale of real estate but merely a payoff of an outstanding debt, so it would not qualify for 1031 Exchange treatment at the end of 3 years. 

From some articles I have read though it sounds like exterior upgrades tend to have pretty good ROI, replacing the front door with a nice new steel one in a color that works well with the house, and new siding (or stucco or brick treatment) can be quite a good improvement in the look, that usually has pretty good ROI.

I ask because understanding the tax treatment of your gain will help you devise a strategy to use those funds.

Will this be eligible for tax free treatment as a primary residence after 2 years?

In all cases, I now want to hold onto a property for at least 13 months (and possibly longer if the aforementioned criteria continue to be satisfied), so as to obtain favorable long-term capital gains treatment on my investments.By comparison, homes in my area (Boise, ID) don't have the same economic investment appeal as homes in other areas (I currently focus on FL and IN).