I am guessing I could include the costs associated with the refinance but not the original loan fees since they are kind of the same thing? 

I recently partnered with a business associate and we have put a total of 5 offers in for properties but have yet to secure one.

We just sold an investment property, but my husband inadvertently gave the settlement company the account number for our primary residence mortgage for the payoff (though for anyone checking, this account was clearly associated with our property at a diff address in a diff city but the mortgage amounts were similar) instead of the account number for investment property mortgage. 

I did not get even a fraction of the repairs and issues associated with this property.  

Everyone tells you no to every question you don't ask.I know they are out there because I have an associate who does so.

As a chapter member of the National Real Estate Investor Association we also offer access to travel, insurance, landlord resources, software services for investors.  

You can do all the work yourself and the cost of materials will be either deductible or capitalized, however, you'll have to pro rate it against the rental portion of the home.Since your fiancé is not legally married to you, the rent she pays is considered rental income and you are then allowed to deduct a potion of your costs associated with the rental portion of the home.

As appealing as making huge profits on flips seems, I've already got a day to day "hustle" in my detailing business, so the tight schedules and pressure associated with flipping is something I don't care to get into until down the road.

@Pannell Catherine - You'll report the income and all of your associated expenses (mileage, telephone, internet, office supplies) on a Schedule C.Good luck!

just fyi:A TD is the Mortgage on a specific property, Secured by a Note and is filed in the County.The NOTE is a commercial paper that has a specific rate and period associated with it, can be created, bought and sold independently of the TD;  Universal Commercial Code.