In this example, when you buy your first commercial property, those research expenses are included in the basis of the property and amortized over the life of the property.Yes, there is a Start Up provision that you can also utilize, but that's beyond the scope of this answer.The same goes for a major geographical shift.  

I wanted to take out a Mortgage/home equity loan for $80000 to pay off (plus shift to tax deductible interest) some loans and credit cards  we used to purchase the property, and also have $ to redo the roof, paint the outside and Kitchen remodel. 

My favorite non real estate book for appreciating capitalism and understanding non producer's in society is Atlas Shrugged but this is a long novel.

I thought a last day of the month closing date would be a good shift in ownership due to utilities, collection of rents and the payment due date.  

Due to the nature of rising interest rates, my income took a hit with this shifting market so I figured there would be no better time than now to jump in full time into real estate. 

They will probably recommend clauses that will shift the Liability to the dealership. 

I didn't hate my job, but I didn't feel like I was contributing to society the way I envisioned and I wasn't progressing in a career that I enjoyed and loved going to daily.

This society today is I want it now and I dont want to sacrifice or pay for it. 

How do they contribute to society?

You can then add uhaul and mandatory renters insurance, for next to NO out of pocket cost, to increase the value of facility by probably $1 million on an average sized facility.MHPs are great assets, but the industry has its issues, financing is always a PITA.More and more park owned homes, which makes them horizontal apartments that do not increase in value as much when you have to do major unit repairs and upgrades. owning the dirt and renting the pads not homes is IDEAL, but seems less and less how the assets are.. once you dig into that industry, it starts to have more discussions on how to get 21st century programs to get mobiles to fill your park.MHP's returns are better than apartments for sure, but there are just more hoops and challenges for those, and thus that's why returns are higher. the demand will NEVER be satisfied for affordable rentals, EVER.The way society is set-up with zoning and local government approvals, with not allowing "cheaper" or "smaller" units in their neighborhood, as to introduce "undesirables" into their city and thus decrease the property values.. its never going to change.That's also why we are looking heavily and purchased B & C apartments, its the ONLY cheap housing left, and the demand is INCREDIBLE and guess what will happen if we have a soft recession...