BP is the best site on the internet for RE investors, but it is a public forum and many give incorrect advice, pass on unethical practices and even illegal ploys that can get you in trouble, especially as a licensee.

Most people get stuck trying to find the correct answer when you should first identify the "INCORRECT" answers, that increases your odds of ultimately selecting the correct answer quite a bit, say you have 4 potential answers and you identify 2 as absolutely incorrect you just increased your odds of from 1 in 4 to a 50/50.Also, Selecting the incorrect answers first can help identify those questions that are purposely worded in a way to trick those that don't read the entire question.Being able to identify why an answer is wrong in one question can also help you in determining why that same answer is CORRECT in another question.Hope that helpsAll that being said if you get stuck on a particular question and can't figure out which answer pick "C"

Looks like I will have to confirm with him... would hate to have incorrect info.

The 1099-MISC is completely incorrect and his CPA should correct that. 

If you even missed a number or your calculations are incorrect you could be looking at a costly mistake.

My computer was hacked and information was incorrectly posted without my knowledge. 

Then when reviewing your results, figure out why the correct answer is what it is and what makes all the other answers incorrect.

I could be incorrect though.

The deductibility of repairs will largely depend on the Tangible Property Regs and your placed in service date.Still incorrect information as that unit of property is prohibited from service until the other portions are completed.

XYZ Bank might not, but that's on them and saying it "can't" be done is a bit misleading.Our underwriters are out in Concord and know the Bay Area and we try to keep Bay Area underwriters underwriting Bay Area loans so that they already know all the Bay Area quirks.