I got a message that the appraisal cost was $470 later got another message asking for clarification that it is an investment property.

Thanks for the tips and clarifications.

(CRMC).These are companies that have been audited by the National Association of Residential Property Managers and have demonstrated a high standard for both procedures and customer service.Again, I believe the best way to find a good property manager is to seek a property manager out and has invested in advanced training and education and has attained designations, usually they also have years of experience.Kevin

Please do not hesitate to reach out if you have any questions or clarifications. 

Please don't hesitate to reach out if you have any questions or clarifications.

Joe Semifero thanks for the clarification Joe.

You start to get a real feel for some of the great characters and true professionals here on BP.Follow-up with them by inviting them to become a "colleague", in your invite, ask a question or two in which they specialize or ask for clarification to a post they may have typed up.

My goal is to own at least 10 property within 10 yrs and I think its very attainable.

Well, you can, but if there is an audit, the deduction will most likely be disallowed"i thought that as long as i provide receipts (and i do keep 100% of all receipts), i am all set. luckily it's been just 1 tax season with no single contractor getting over $600 for me.once again, thanks so much for the clarification!!!

Jim, thanks for the clarification.