I know the feeling of elation in moving into a new place that bears your stamp of approval with its snazzy renovations.This is a good story to tell.As a New Yorker myself and a RE agent, I have seen a lot of horrified and devastated home owners when they illegally rent their basement.

Whether you operate through a legal entity or not generally has no bearing on the tax deductibility of an item.

Strip the house bear, start with the electrical and plumbing, them drywall, finishing work, etc... painting and flooring last.

Hey NelsonWelcome AboardWOWget your bearings strait-eOKlook at propertiesYou have to LOOKyou will find the one but you have to have vision and a mind set thatSAYSYES!!!!!

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

For all of you thinking of Lake Worth t buy properties for short-term rental, bear in mind that there is a 60 day minimum.

MI is building a new management company from the ground up (may bear different name other than Morris Management or anything like that.)

As always, “Bulls make money, bears make money, pigs get slaughtered.”PS.

Ignore the situation, it has no bearing on your rental.

The final count depends upon a number of other land use factors, some of which have no direct bearing on TDR, but do affect it indirectly.