The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

Hey, how about that genius move to turn OFF the power, including to the water pumps.

Aloha Barbara,We live on Maui, are accredited investors and invest in several syndications including Self Storage. 

Magistrate Judge Aileen Goldman Durrett on December 4, 2024.According to information presented in court, beginning in 2017, Espinosa, Smith, and Baltazar, along with others, are alleged to have operated a mortgage fraud scheme using various companies, including Short Sale Queen, L.L.C.

took down 6 walls including a load bearing wall. 

Build a strong team, including agents, lenders, and property managers, and use tools like the BiggerPockets calculator to analyze deals.

However, the whole point of making money is to live a better life, which includes caring for family.

What the gurus don't tell you is that they are comparing market rents to the GROSS amount of S8 rent on a voucher which INCLUDES LANDORD PAID UTILITIES!

Most think they invest in a B, but it is really below median, so a C plus or even C minus.If you want to know if your neighborhood is slipping, track the median price of that municipality/neighborhood against the median price of the metro area or State if you want to Zoom out.Here is an example: Wauwatosa (blue) has been outperforming Milwaukee County, Wisconsin and the US.

I also do not stop marketing unit including open houses until i have a holding deposit.