For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

When flipping a house with lets say a total of 3 people, each takes their profit & are taxed individually correct?

Hello Erika,I rented a few times, but mostly with small individual landlords. 

"ADU" legality is typically defined by each city individually.  

I’m looking at buying houses under 130-150k.Plan is to use heloc for downpayment and the use a HML to complete the purchase and enable the rehab… once rehab cash out both and hope to have a renter soo in order to repeat.

Oftentimes, when there are too many options, individuals end up not choosing anything.

How do individuals and management companies handle these annual inspections? 

Private money lenders are typically not licensed, private individuals you form a relationship with and one in which they are looking for alternative investments other than the stock market, bank CD, etc.

Basically that little piece of paper states that the owner of the property, can if they choose to, rent it out to however many individuals noted by said township/borough. 

I am looking for a company or individual that provides boiler maintenance.