You want to be on the job site every day to make sure the work is done properly.  

Excellent advice @Randy E., thank you.

My guess is your expenses with proper allocations for PM, CAPEX etc will go up a bit but; still very workable depending on the new price.

I held a private deed of trust (5 years, balloon payment) in a friendly transaction but it was all properly recorded, etc..

As far as the last minute filing is concerned, I'll be late myself but IDC because my taxes have never been this low claiming only schedule E income!!!

I’ve looked up stocks and bonds but no direct information about how to invest properly without losing money?

I’ve looked up stocks and bonds but no direct information about how to invest properly without losing money?

.- The Sales Contract has an inspection date that expired and is still pitching it - There is not a paper trail of proper disclosure to all the parties involved regarding the wholesale fee, state disclosures, lead disclosures, etc.- There isn't verbiage regarding assignable of contract  - Sales Contract has the wrong Seller's name- Sales Contract is a copy from a local Realtor Board that has the Seller as the Brokerage name- The written offer dollar amount and the numerical dollar amount are different- Sales Contact has one out of the two Seller(s) on the contractI think I'll stop there...anyone else?

Read Sec 179(e). 

Could my parents deduct it on their taxes, or would it only be on my end (schedule E)?