In the post is a table of cost items that go into building and selling a new home based on the survey sent to their builder members (see chart below).

It can be avoided by simply paying off the loan and holding the property for 365 days, then selling - no UBIT.I persoanlly believe that using a SDI to make loans is much easier and way less headaches, plus you don't have to watch out for all the items that could potentially cause your IRA to be in violation.I have both.

But you can have a list of items you want to ask.

Cosmetic fixes on a house to sell isn't a 1 to 1 ratio item.

I go over the lease with the tenant prior to move in and have them sign each page, and make sure they understand this item.

Have your GC (or a few if you don't already have someone you want to work with) walk the property with you and itemize each piece of work and have him estimate it.

Quick answer is...When ever doing something with someone else… Outline clearly what each person’s responsibilities are… Most if not all problems that arise will come from disagreements or one party “not pulling their weight”…Also, make a giant to do list… then assign “who” and what “time frame” the items are to be completed.

Went and reat part of "Every Landlord's Tax Deduction Guide".It states than non-depreciable/non-inprovement items like utilities and travel should be filed in this year as special "Section 195" expense which is not to exceed 5000 (or it can be spread out between 5000-50000)

There are programs out there to make sure that you don't have to worry about vacancy clauses and any number of items that can come up as an investment property.

It is leaving storage items out throughout house for months, or leaving dirty dishes out.