J, came across this post from last year and for the first time I am running into a project that significantly overlaps tax years.I use your CoA for Quickbooks and your general Cogs accounting technique.  

Does that seem safe/conservative enough?

Thanks everyone I’ll go the safe route.So he says he doesn’t like to give it out because people will pull permits using his license

Wishing you and your family to be safe, Curt== I still get negative replies, some very negative.   

Do you really want to play it safe your entire life?

Your lending attorney will know.Last, even though you seem to have enough to make a relatively safe 1st position loan, if you insist on making a 2nd (???)

Real Estate “Enhanced ROI” TechniquesSummary of advanced techniques used in real estate transactions to enhance return on investment, yield and velocity of capital resulting in greater wealth1.

This is a safe place for my CO investors to vent.In all seriousness, the dramatic policy increases I have seen numerous investors stomach right now is making us all scratch our heads and wonder what alternative options are out there.

Be safe out there and be careful what type of advice you offer your clients. 

You know the answer.Just be a good landlord - provide a nice, clean and safe place for people to live and charge accordingly.