Hey @Julia France, You maybe do NOT want to use bonus depreciation if the losses created are excessive passive losses and you don't have a lot of passive income.

if she is, she has no tenant rights and can be evicted quickly (on a Federal level, state or local level may have different rules).

q2: Is the capital gains rules on living together the last 5 years strict.

Remember that the IRS has strict rules regarding SDIRAs, and any violation of these rules could result in penalties and adverse tax consequences.

Middle school dances and starting a business…In many ways, creating a business is really like attending your first middle school dance.

It's hard to create a business in this if you don't have the intel to do it yourself.

There is a very good chance they will create bigger headaches in the future.Seriously, why can't they teach their children to not play with the windows?!?

You'll get a lot of opinions on here, going both directions..Personally, I am ok with zero or little cash flow (but not negative) ONLY IF the asset will certainly appreciate nicely, and within a  period of 2-5 years (just my own rule)But I don't like the concept of having your other assets cover this one, each asset should stand on it's own.Just my $0.02....

Off the top of my head, I will use these metrics as a quick rule of thumb:Light Cosmetic ($40-$50 x Sq.

If you want to switch from joint tenancy to tenancy in common, a real estate attorney can help create a new deed with the desired ownership percentages.