I've had pretty good luck finding contractors there when I need something out of the ordinary.

The unrecaptured depreciation is taxed at your ordinary income tax rate up to a maximum of 25%.

If the option expires the fee is treated as ordinary income in the year of expiration. 

A transaction under $10k can't be an ordinary transaction.I guess it's either some sort of transfer between family members (doesn't have to be non-legit).At tax auctions it is possible to find properties with minimum bids as low as a few thousands but usually these will be redeemed before the auction or will be going up in price during the bid process.If you make a more thorough research you can find out through the public records how the transaction was made and with what sort of financing.

Frame it differently so it happens more organically as part of your lifestyle and the ordinary course of events....For example, you can stick toe in the real estate pool without getting too wet like this..Do you have home yet?

The first thing that screams out at me is that at the very minimum he would be deferring capital gains by trading that for ordinary income tax.  

Capital gains taxes don't apply for #1, ordinary income taxes and SS/med.

It can be tough,  after management fees of up to 40% and profits taxed as ordinary income,  to earn your desired return in the short, sunny window we get.I love your thinking about this.

If you deem these repairs to be more than ordinary wear and tear than deduct the money from the deposit. 

It will be released at the time of sale to offset other income at ordinary rates. 3.