From this point and hopefully with a more established financial situation, I aim to acquire another MFH, move out of my initial unit, and update the former unit with the ability to claim deductions.

As far as the security deposit is concerned, after I inspected and determined there were no deductions then I would refund the deposit in both there names if they are .both on the lease and have her provide a new security deposit. 

The rehab costs have crept past what I had budgeted and am looking for some creative was to complete the project.My first question is; what documentation do I need to show that the business loaned me the funds so that I can deduct them from my taxes?

Can I deduct the cost of that furniture in my taxes?

To my utter surprise, my CPA didn’t allow me to deduct any of my real estate expenses from my W2 income although he deducted expenses from my online distribution biz without any issue.

Has the community has been in support of or against school levies? 

You get lots of taxable deductions, plus when you pay your mortgage you are essentially paying yourself back.

@Greg Levi Which town is this in?

“Under IRS rules, you can make what's called a de minimis safe harbor election to deduct, rather than depreciate, the value of low-priced items for your business, including appliances for a rental unit”

I do want to "deduct" 8% per year for "management fee" because I want to know what I made on my MONEY compared to putting it with my advisor, not what I made with my labor and effort. 3.