I would think a law like that will eventually be struck down, but I would have to look at it carefully to be more certain.

I’ll second this one and you may not always know about them ahead of the purchase but my first bed and breakfast we knew we had one ghost and we just couldn’t sell the house so we knew a lady that communicated with spirits (if you don’t believe in this that’s fine) and had her come over and there were 4 ghosts and she was able to get 3 of them to leave except for the original owner of the house who wanted the new owners to take good care of the property.

Investment Info:Single-family residence buy & hold investment.

At the end of the year, you have the ability to generate a schedule E form export in spreadsheet or PDF form after a little bit of tweaking the export settings and then send that to your CPA, and they take care of the rest.

Does time taking care of (mowing/landscaping) and managing (keeping records, paying HOA dues, paying taxes) my vacant parcels count towards my 750 hours of being a real estate professional?

Ty Rick, I figured this is what most that rely on RE as a core income & have a team to care for are doing to keep the machine running.

I recently purchased a new primary residence and plan to turn my current home into my first rental property.

Take care!

Financing a primary residence is generally more affordable than getting a loan for an investment property.As far as your question on HELOC, or second home or investment property, I would need to discuss this a bit further with you to understand a few nuances better.

I vote to make the resident of your building happy and make the upgrade !