Seems that we're operating in a gray area.Hope this is helpful!

If you're in the gray/grey area when the rules are not clear, how unclear are they, and what shade of grey (yes, yes, I get the reference) are you using?

You may want to read this new post:  https://www.biggerpockets.com/forums/51/topics/1202208-gray-... 

It seems like it is something of a gray area, because you are taking care of it, but you might lose this one in court.There is also this,"If an apartment becomes uninhabitable due to fire or other damage not caused by the tenant, and the lease does not expressly provide otherwise, the tenant may vacate the apartment and cancel the lease.

Figured I would start a little series talking about my day to day in note investing and what the gurus do not teach you as they always make note investing seem black and white where in reality, most of it is in the gray area.Here is an example, you foreclose on a property and the property is still occupied.

They are both shades of gray.

There's less gray ways of handling this. 

Grays Ferry (11.1) Rent $1800 SP $240K3.

Quote from @Jack Gray: So I've been doing my own taxes in Turbotax for 20 years now (I only own 2 rental properties but both were BRRRs), and I finally got stuck on something and went to a CPA 2 years ago, and he reviewed my past 5 years of returns and pointed out that I had made multiple mistakes (incorrectly categorizing repairs vs capex, calculating basis and therefore depreciation wrong, failing to realize that certain expenses for a home converted to a rental property start being deductible the day the property was placed in service vs actually occupied, the list goes on). 

We wanted come up with a way to combine them which is a gray are in this particular zoning area.