This may include state filings as well.If there is income generated by the Estate, you will need to file an Estate income tax return, Form 1041.

But that includes complete rehabs.

I ask, because I had a very detailed breakdown of everything including holding and permit costs.

My personal take was them folks are stuck in their ways, including my CPA (whom I love dearly.)Also, isn't less expensive to do your taxes with a Series LLC as opposed to a bunch of separate LLC's?

Part of the court process to stop the demolition you had to provide proof of resources to bring the property in compliance and have a plan filed with the court including a hard end date on the work. 

@Costin I.Those were outstanding links including the second to last forum thread which I read all 132 comments.

Also curious why VRBO isn't included. 

For short term, (Profit / investment), which includes all your holding costs and rehab costs that YOU pay for. 

My goals include becoming a successful real estate investor in flipping and rentals also getting my first investment property before the end of the year.

Thsquare footage is included in the home' tax assessment.