Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.

Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.

Though I expect that to increase in the future when more ADUs are constructed.

Gold got melted  I know friends of mine that lost their homes in the Atlas Peak fire in Napa  that lived in my old hood Silverado country club they were back sifting through looking for all their diamonds.

A good investor friendly agent typically does “driving for dollars,” from what I’ve heard, and they might have a direct line on off market properties.Eyes on the Future - At 19, you can stack up quite the portfolio over the next decade.

The overall LTV (including all 3 mortgages) will be key and your selling point will need to be that the 2nd mortgage ($8k) will burn off in 2.5 years (based on your surprise that it was even out there, I'd recommend that you follow up in 2.5 years and ensure that it's been satisified, so that it doesn't surprise you again in the future).Does the $8k grant vest over the 5 years? 

So for now Im staying but will be looking at something else in the near future. 

A project like that will probably take 6 months to 1 year, so what's your expectation for future rents?

Everything worked out and see DSCRs in the future.

Should i ask the downstairs tenant for the footage to have as proof to have and document for anything in the future?