So, for example, if the 2 weekend abatement would be $900 and you spend $1000 on hotels, space heaters, etc, then send them an itemized statement showing they owe you $100.

I can see an explicit exception in CA Tax Code § 17561 that says you can not use the qualifications in Section 469(c)(7) (Real estate professional) to render that income as non-passive, but I see no callout for 1.469-1T and, as such - as a non-CPA - I do not (yet) see a reason why we cannot follow the same rules for CA that we do for our federal taxes; e.g., if the business is not a "rental" business per tax code, we count that income as non-passive and offset other income (W2, etc) similarly.Does anybody else have some guidance (or opinions) on this matter?

I just closed on my 1st investment property under my LLC and I'm very excited about it. now I'm at a point where I want to keep my foot on the gas but I'm having an issue trying to figure out what's the next move (how do I attain my second investment property?)

With an 807 credit score, you’ll get the best rates, but lenders will look at your debt-to-income ratio, and not all of your expected rental income will count toward qualifying for the second mortgage.

Thanks in advance.I am guessing you have an FHA loan on the house and the new buyer will be purchasing with an FHA loan?

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

The quality of tenants could be an issue.   

The county I'm looking into is so special, they think they are an Independent State. 

I'm trying to decide whether it's better for resale purposes to add one 8x12 master bathroom, or split that 8x12 area and instead add both an 8x6ish bathroom coming off of the master bedroom and another 8x6ish bathroom coming off of the 5th bedroom.

You'll get more inquiries as an SFR.Where else are you advertising it?