In general, the cost would either be considered a repair or an improvement(capitalized).You may be eligible to potentially use the de minimis safe harbor election to write off items in relation to the $12,000 spent if you have a itemized list.

You seem to imply that Reg. 1.469-9(f)(2) de minimis exception somehow allows LP interest to be piggybacked on another material participation.Not so.

(Fine/Retraining) You may not solicit any one to de-list their property.

Totally useless - doesn't collect data from all States so if your candidate has lived in Massachusetts, Delaware, Wyoming, Colorado or South Dakota, you could green light a tenant who has evictions (or multiple evictions) on their record... 

Hello Everyone,I am about to close on a 1 bedroom condominium and I got a letter from the seller saying that a company wants to De-Convert the building (consisting of multiple condos) into an apartment.

@Kevin Danikowski curious what advantages would be associated with a “de-conversion” rather just keeping the units.Also curious how controlling the vote would allow you to convert the entire product to a single parcel multi family.

So no.ABSOLUTELY not.Do not tell people on BP to spend their money on SEO services that will end up with you being de-indexed by Google.So, you are WELCOME to use these clowns for SEO... but please don't tell others they are good!

If I create a disregarded LLC in DE or WY and use it to hold the property, would my rental income be taxed while being funneled toward me? 

Hope this helps.Email/contact me if you need personal information for below.All lenders below unless noted otherwise are familiar with back to back closings and can close them on a case by case basis.CT, DE, NC, NJ, NY, PA, TN FHA, Conventional, Jumbo, 203(k), (needs to check if can do veterans loans) Deanne Katsaros Green Tree Mortgage LP My B investors have closed about 8 transactions with Deanne with our transactional funding involved.NJ, PA FHA Robert Tronolone Home Capital NetworkHave spoken with him but have not consummated a deal yet.

I am interested in Delaware and Maryland for investment properties.2. 💫 What your goals are with joining BiggerPockets (e.g. buy my first house hack)I want to learn more, network more and generally be a part of a good investment group, which is why I am here.