Tax day is upon me and I'm the idiot who who is waiting to the last minute to file the return, should of  had a CPA ..My question is that I did a rehab and repair in the tax year 2016 but wasn't completed until the year 2017 and the property rented out in the year 2017, should I have entered the cost of the rehab/repair cost  in the year 2016 tax return or should I have done the portion of the house that was done in 2016 against the 2016 tax basis? 

The property appraised for $41,000 and i will probably shoot for this number for a sales price with $3-5k down.The one bedroom will rent for $600 with all utilities included and will make the owner occupants payment. 

I would like to use my utility room in the basement to add 2 sets of coin operated machines , but my issue is that where am I going to get the hot water from?

Interesting minute and a half from Warren Buffet on SFR Investing.  

As he's gotten older, the portion destined for Save and Spend have increased - though Spend is still the skinniest part of the cow.When we retrofit a building, he receives all the scrape metal (wiring, plumbing, doors/windows/siding), and in the past five years has done surprisingly well (the Cow has had to make a few trips to the bank to "poop" {as the boy likes to say}).  

Had in the early five figures which I had to bring some to the closing table on my first hold which was pretty much a nightmare since the closing costs were different from the preliminary than the final.

I know that Ogden is not very far away, but I take call at the University Hospital and am required to be there within 45 minutes of the call.

So lets jump right into the details.My wife and I currently own a home (in Hawaii) that we purchased 4 years ago utilizing the VA Loan.

5)    You will have access to the MLS and have up to the minute knowledge of whats going on in your market.

Outline where you want to be in five years.