It sounds like the HVAC and basement work are capital improvements and will need to be depreciated as others have said.I would add though that the temporary regulations that went into effect at the beginning of this year allow for disposal if a cost segregation is done to determine structural component basis.

I guess my point was that small companies, via the JOBS Act, could (through relaxed governemnt regulation) raise capital through new funding option(s).

., and with each project you learn something new, or have new regulations to contend with.

For example, would you buy 4 single homes, then multi-units, then apartments or commercial property (since we have to abide by the commercial regulations eventually regardless.)Or just start with a certain type of investment, like all multi-units, commercial, etc..Just looking for guidance..

You should get a copy of your state/local landlord-tenant regulations and read them thoroughly.

There are issues, regulations, etc. but still, on a sq ft basis, it's very profitable.

A little known regulation in Colorado requires the County Public Trustee to escrow property taxes for all ILC sales and in addition, requires notice to the County Tax Assessor of all ILC transfers.

They go to the defrauded lender, regulators, attorneys, and the witch hunt begins.I compliment you on "throwing yourself to the lions" here at BP, where the damage to you is far less than if you actually did something like this.Just keep in mind that deals where the profit is made at the expense of someone else (human or big corporation) who is deceived or deliberately made to believe in a set of circumstances other than those that actually exist........is fraud.Joffrey Long

What implications does this have for the small real estate investor and has anyone explored plans to capitalize on this recent change in the SEC regulations designed to promote small business?

.- Make sure that all advertising complies with all rules, regulations, and laws effecting the property.- Help the seller to find good service providers (if needed) such as attorneys, termite companies, etc.- Receive all offers on the property, review and evaluate the offers, and advise the seller relating to the offer.- Once the property goes under contract (in some areas the term is "open escrow") follow up with the buyer's agent relating to the buyer's progress toward closing on time.- Prior to closing, review the preliminary HUD-1 settlement statement and make sure there are no errors.