IntroductionDear Bigger Pockets members.I'm a long time listener and hopefully have an interesting situation for you to ponder.I've lived my entire life in London, England up until November 2020 when I immigrated to the US to start a life with my wife who is an American citizen.

We expressed our concerns and in all cases the adult child has stepped up, talked to their parent and has taken care of the issue. 

You can also consider joining the American Apartment Owners Association.

I had to experience the glamour myself.The feds can definitely rope you into trouble over this, some cleancut young agents and an assistant US attorney looking for an opportunity to advance their careers, and you'll have all kinds of fun trying to explain your loopholes and technicalities to a federal grand jury, most of whom will, of course, at least dislike landlords and think their activities should be more carefully regulated, as most non-landlording Americans do.Buy hey, paint that target on your back, go right ahead.

Maybe I'm not searching properly but a lot information I see are American and not applicable to my situation unfortunately.

While a cost segregation study may be beneficial, if it can be done cost effectively , I agree with the other opinions expressed here that it has to be done before the 2021 tax return is filed.And since a cost seg study could accelerate the depreciation in the first year, it would be in your best interest to make sure the owners in this property would be able to take advantage of these losses on their personal tax return.

I previously showed the basement to a couple and the woman expressed concern that they were very energy conscious and didn't want to subsidize the upstairs tenant if they wanted to keep the heat at 70 deg all winter.

Replaced the water heater, upgrades to dishwasher, fresh coat of paint and made sure to purchase American Home shield for larger projects like replacing the HVAC unit.

It was express capital finance . 4.45% , 30yr fixed , 5.4.3.2.1 penalty if paid off early .   

But unless the flow or runoff has changed, the house in the flood plain may have flooding, as expressed on the FEMA maps.