Consult with a qualified tax advisor who understands these limitations and can help develop a comprehensive strategy aligned with your specific situation.Remember: The best tax planning looks beyond immediate deductions to your complete financial picture.

Great advice—I completely agree.

It sounds like you're trying to do right by your other tenants while also being fair to this one, but it’s clear the situation can’t continue.First, it’s great that you’ve already put quiet hours in place and handed out notices—smart move!

USAA is saying that my insurance is going to expire in a few months and cannot be renewed unless renovations are completed.

Makes complete sense to purchase a property that breaks even or loses money.

In fill lots with no hair on them 9 to 12 months start to finish My 90 lot project about 5 years from dirt to completion.

With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property. 

The buyer completely takes over the original loan for all legal, tax and practical purposes.

After completing renovations, the estimated appraised value has increased to $370,000.

(It was Hollywood and everybody has dogs)2) Somebody tried selling the appliances that came with the unit which included the fridge, dishwasher, stove & microwave.3) We were recently affected by the fires and had to evacuate, some tenants refused to evacuate even after police forced them to because they were "tougher than the fire".Have you heard of those horror stories about tenants completely trashing apartments and feces all over the apartment?