I.E. a $1,200 loss was like having another $100 a month loan.Some of the things I wrote off werePower tools needed for the business, lawyer and accountant bills, mileage, office supplies, new printer, storage area .....If you want to grow bigger than 1 rental, make sure to understand what a gain/loss will do to your buying power. 

I have the electric company coming to set up the electric to run to the newly installed meter.

., an electric trucking technology company, plans to add up to 500 jobs as part of an expansion of its headquarters in Cedar Park.More growth announced for this Northwest corridor of Austin, TX.  

We appointed our daughters as trustees, and power of attorney  granted to the older one.

Here is what I’m concerned about, i did all the work myself/ paid cash to get it done.Here are the upgrades(I’m sure some of these might not need a permit but I’m new So idk)-Added central heating and air -tore down two walls to make an open living concept (non load bearing)-renovated kitchen/moved gas line-replaced some of the foundation 2x6 floods became they where damaged by termites -add/move electrical sockets-new floating floor-replace pluming with pex/ pbc-painted inside-replaced a window- maybe more but you get the big picture.Will the appraiser report me to the city?

Not everyone can do the electrical/plumbing Etc, but everyone can demo, sand floors, paint, and that kind of easy stuff.

I currently was looking at a fourplex to invest in; the only issue is that all 4 of the units were running off two electrical meters, one water heater, and two AC units.

Pretty much move-in-ready but had to do about 5600 in cosmetic and electric work; Renting for $850/month and self-managing for a monthly cash flow of $189.

You do have to designate some units lower income to utilize this very powerful law. https://www.jdsupra.com/legaln...I think you might want to find some local developers who might be willing to “mentor” you for some compensation.

The utility statement has meter readings backdated 1.5 mths as it comes from the power company.