Make sure to consult with your CPA about which hours can be used before starting your hours log.Here are the indicators that put you at risk of an Audit that the IRS looks at with this strategy::(Source)Real Estate ProfessionalIf you don’t have the ability to invest these kinds of hours into a property, you can become a Real Estate Professional under the tax code, or have a wife or husband become a Real Estate Professional, which then will turn your Passive Losses into Active Losses on your real estate.To become a Real Estate Professional, you need to have:(Source)As long as you work 750 hours in real estate (14.42 hours a week excluding vacation), AND half your time is spent on real estate activities (so you could still do other work for 12-13 hours a week), you can qualify as a Real Estate Professional.

It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.
At the time of this writing, you can write off a huge portion (100% now in 2025) of many qua...

Shop aggressively with multiple independent agents who specialize in Florida properties, not just online quotes, and specifically ask about Citizens Property Insurance (Florida's insurer of last resort) if private market options are prohibitive.

@Zarresha Carr why do investors keep trying to invest in the City of Detroit using zip codes?

I did a deep dive at the code level few years ago with Buildium.

Indeed your CPA could give you a tax code and explain why he felt differently. 

It is sad to see inspectors do this Their job is not just to provide code violations but detailed accounts of everything.

By definition all 44 contractor classifications have passed the state exam and adhere to the laws of the CSLB & Consumer affairs.Any handyman performing work over $1000 is in violation of Business & Professions code 7028.1Any handyman performing work over $1k is subject to forfeiture of the entire sum of "contracted" work B&P code 7031(b)All California home improvement contracts must be a quoted upfront price including labor, materials, warranty etc.

Quote from @Ian Hutton: @Joe VilleneuveI agree actually that zip codes can be misleading in terms of a neighborhood by neighborhood basis.

I have seen an uptick in inspection reports listing items that are not code violations and an abundance of them to impress homeowners with their thoroughness  how do I signal to buyers that they shouldn't expect any negotiation on reports that contain a dump of minor items Hey James,To set expectations with the buyers, I would highlight the fact that the property is priced according to comparables and current condition aka all minor items were factored into the asking price and therefore that price is firm.If you want to share general numbers, you can signal by saying, for example, that: the most recent comps sold for an average of $300,000.