You can file it at any point in the year and the adjustment will go against future taxes, sometimes eliminating the next few quarterly payments or more.

The icing on the cake would be divided living quarters between myself and other renters (i.e. in-law suite or second living space within the home). 

I also understand that banks might be more willing to deal at the end of the quarter or year - the fewer properties on their books, the better for their balance sheet.

In the first quarter of 2017, it was $414,200.

- remove existing tile - remove drywall in surround and window area to the ceiling - replace drywall with hardibacker redgard hardibacker large porcelain tiles (16x16, 12x24) with smallest grout spacing possible- highest quality caulk that is mildew-resistant - tile floors, 4" base/behind/beside toilet, in addition to tub surround all the way to ceiling - angle tiles away from block window - re-install shower curtain rod  - replace fan/light with higher-performance model with humidity sensor - inspect fan ventiliation to confirm vent going through ceiling - inspect bath, sink, toilet plumbing and waste drainpipes - add quarter turn water shut-off valve - replace bath fixtures to single stem handle - replace bath drain with grid drain

Be aware that the interest rate on that LOC is variable (typically adjusting each quarter), so have a plan (back up funds) to pay it off quickly if the rates go up too high too fast for your business model.

@Jonna Weber also hosts meetings every quarter with Bigger Pocketeers! 

Many older houses in my area do have foundation issues due to heavy clay soil, water, and the freeze and thaw cycle.

It provides uniformed Service members equitable housing compensation based on housing costs in local civilian housing markets within the United States when government quarters are not provided."

You are willing to spend a quarter million dollars to lose 500 a month .. um no