Maybe, just maybe, you just write it off as a loss for tax purposes and your hip pocket as an education in life.

Easier to raise rent, easier to get rid of difficult tenants, easier to get rid of tenants in preparing for a sale, easier to move tenants around for rehab purposes.

Also for my current purposes the mortgage I need will be for investment purposes only.

Sorry, but I can't advise on matters north of the 49th, while similar I'm sure, stuff isn't the same.Canada is a party to the Treaty as to accounting methods of Option Contracts,  at issue is the fact that an Option may be determined to be an installment contract, they will look at intent, consideration, valuation and ability to convey, that means the option money may not be deferred but treated as an installment sale for tax purposes. 

A bottle of multi-purpose cleaner, like Fantastic, a roll of paper towels, a 6-pack of TP, a 1-lb package of spaghetti, jar of pasta sauce, frozen garlic bread in the freezer. 

Remember we do or consider bulk purchases based on having an investment purpose and plan for profiting.

If yes, the trip can be deducted along with the seminar costs.But if the primary purpose of the trip is to expand your portfolio, the costs are capitalized and either deducted or added to the basis once you purchase a property in that area.

Couldn't agree with you more on all those points.I would probably recommend against a concrete tub for the purpose of this conversation...

I guess I don't know what is "normal wear and tear"  for deposit purposes. 

@Susan O.It is difficult to provide specific advice without knowing your total tax picture, but I believe that if you have truly legitimate deductions with all the receipts and a valid purpose, you should claim them.Depending on the overall impact on your tax situation, your advisor may or may not have a point.I would recommend you get a second opinion from another advisor.Good luck and I hope this helps.Ed