Structural engineer said with the vaulted design we want, it's like we're performing surgery on this old 1948 home :Phonestly, i'm learning so much, so much fun!

@TJ BoutaughIt depends on your level of activity.If this is not in your trade or business, the interest income will be considered portfolio in natureif it is a trade or business, you may have to source the income based on the rules of states(Cost of performance vs market based sourcing).

Professionally, the majority of my time is spent on asset management and operational related tasks/skills, re-underwriting previous valuations given the impact of COVID-19, and focusing on price discovery with brokers and colleagues. 

Normally those are solid performers. 

We have some performing loans in the portfolio and have been contacted by a two of our borrowers (so far) who are currently out of work due to COVID-19 lock downs. 

I know people who are purchasing properties with positive cash flow at high LTV, but they are performing value adds to get the positive cash flow.

This would allow you to perform all functions of a property manager, including getting a lease signed. 

It's a difficult balance because I really don't like the idea of forcing money up front (I feel a ton of pressure to perform for those clients) but am struggling to find a workable alternative.

Way too many people get stuck with contracts and can't perform and screw over sellers.

I have found that you typically need to perform cost seg and accelerate depreciation to fully wipe out income, but that might be my assets.