It sounds from your description that it is.However, because you also do personal activities in the room (play games on your desktop), it doesn't sound like this would pass the "exclusive use" rule.Playing the games on your laptop in a different room would likely qualify the room as "exclusive use" as a home office.Also note that in the future if you take this deduction, there is a simplified method you can use to reduce the records you have to keep - just multiply the square footage of the office by $5 (if it is under 300 total square feet).

Tough to buy a 3x and have to turn it into a 2x, I would have been fairly upset.

Your website is your foundation its where you will likely be collecting leads, its where people are going to go when they searching for that realtor their friend told them about, etc...Can get started fairly simple by starting with a WordPress website.

Age and wealth accumulation targets should play a huge role in this.Those who are younger, 30-40 years out from "retirement" age (65+) should remain extremely leveraged to let time pay off their investments, and let their money work for them.The exception are likely those freebirds who can live on $30k a year passive income from their late 20s/early 30s and, maybe don't care or need to be extremely leveraged at any point.Those nearing retirement in the next 5-10 years, probably don't want to be leveraged much either.I will say after many years of growing the nest, I can't imagine how I'll ever be able to "spend down" all I've earned and accumulated over the years.

They've been playing with with me for 2weeks now.Originally posted by @Joe Papp:You've made an above asking price offer.

After the inspection, if I still want to move forward with the purchase, then the seller will sign the PSA.I don't understand the game that the seller's agent is playing and i am seeking advice from the BP community.Thank you

www.renovationgurus.com They even have a great tool that can show you how to estimate your renovation work fairly accurately. 

I've played the Cashflow game as well, it's currently on pause on the table actually. 

I'm not familiar with commercial rent, so I don't know if these rents are cheap, fair or expensive.

I’d be happy to run a CMA and give you a good idea of fair market value