That's what even CPAs debate.The answer to this question then influences my main concern: mileage deduction.If I have to drive to a rental for some maintenance (no other stops to keep it simple), can I deduct the mileage, if I have an office in my home, but not an "IRS type qualifying home office", that I actually use for business purposes?

I've factored in Taxes, Insurance, Cleaning, Snow/Lawn, Turn over.Your expenses are missing a few things: Maintenance, Vacancy, Capital Expenditures, Utilities During Vacancy, Legal/Accounting, etc.

It's a pretty common word.

I have both and the asphalt requires you to put away capital improvement funds, the gravel is yearly maintenance.

There is no maintenance fee involved actual and thats true there will be any maintenance!!

We always try to choose renovations that make it easier on us in the future, time-wise and maintenance-wise in addition to what is expected for the area.

If that meeting doesn't offer a common sense solution (like allowing you a waiver on this fence but requiring any replacement be correct standards) then some states have a board or independent agency that helps owners with disputes with their associations, so look that up to see if you have one of those as the Board being contacted by an outside party might help immensely.

There is always something after closing but before you've settled into the typical long term behavior for the property - filling an up-front vacancy as in your case, dealing w/ random smaller deferred maintenance items, and so on.

I think that in New England, it is difficult to find older houses (which is most of the housing stock in some towns) where NO ONE has died, simply because as you go back in time, it was more and more common to stay at home when you were elderly and ill.Murders and suicides are less common, and have much more of a stigma.

This just one set of items on the HUD-1 that need to be reviewed.There are many expenses that are common to rental properties and if I don't see them I will be asking questions.