@Mohammad Nurthis is an interesting discussion topic. it came up everyday.

My appraiser cover a many counties and may not appraise in your neighborhood every day.

Edit to add: if you already have several concurrent projects, have your accountant also give you a monthly job sheet and move to a basis of completion or accrual method of accounting directly... do not screw around with a cash basis as it will bite you early on!

I would consider stopping by every day at the same time to take a meter reading.

I rent properties and ask unit owners if it's fine to sublease it coz I rent it out on daily basis via airbnb / facebook. 

Is my new tax base the value of the home at the time of conversion - No, it’s lesser of FMV or your adjusted basis (so basically your purchase price plus improvement) or will i get some type of credit lessening the Capitol gains hit because the prop was my pri res for 10 years?

I calculated the cost basis for depreciation when I filled my 2018 tax return and thought everything was good.

Real estate, more than anything else I've done, demands that you make quick high-stakes decisions on the basis of information that is always incomplete.You've got to be able to pull the trigger.

If I didn't already have contractors that I have worked with for years, the ONLY way I would consider hiring new ones would be via referrals that I trust and can verify.If you regularly attend REIA club meetings, just ask members who they have had success with on a repeat basis. 

Businesses overcharge customers everyday, its just when you know the person that you are making money off of, somehow it feels less ethical.