Hello,I’ve been researching the Wiregrass region in Alabama (Enterprise, Ozark & Daleville area) with Fort Rucker (Novosel) being so close and curious if anyone has any good experiences with SFH?  

Hi - Getting very close to completing my new build construction and had 2 questions around De Minimus Safe Harbor rules/accounting1)  For appliances that I purchase BEFORE official "available to rent" date.

Supply is so tight, they need temp space that will give them time find and close on their purchase.

We closed at $1,275,000 and I put my commission back into the deal.

No matter what you do I think you really want to consider renting it out for at least a year to convert the ($130k minus $13k in closing costs, minus $80 cost basis = ) $37k in profit from regular income down to long term capital gains.

My parents are close to disowning me, and I want to do the right thing.

Thanks @Michael Plaks :If brought condo for STR purpose, almost end of the year say in Nov, also purchased all furnitures etc to make it ready for STR. what if it didn't get rented by end of the year, so :Total rented days in year = 0 Toal personl days stay at property  = 0 Does it still qualify for deductions(cost seggrigation, tax, closing cost etc for business use prep), similar to if it was rented (even if for couple days in a year) ?

I have a background in lending, have been a Realtor for 25 years, understand creative financing really well...however in all of my asking about this I have not yet found anyone that has successfully closed a subto in a fully legit way. 

So, you may need to work nights & weekends to get jobs done quickly so the transaction closes on time:(Find a decent middle ground JUST SO YOU CAN MAKE CONNECTIONS:)Tell every agent after you finish a job that you're looking for fixer-uppers!!!

Purchase price: $305,000 Officially closed on my 2nd property.