While the change looked good on paper because heat related utilities were separated, prospective tenants immediately recognized that heating a two-bedroom unit with electric baseboard heat is expensive.

You can usually write off part of your mortgage interest, property taxes, insurance, utilities, and upkeep based on how much of the place you rent out.

That would not include any mechanical, roof, exterior, or utility updates.

We look for things like clusters of remodel or septic permits, new utility hookups, HOA chatter in resort style communities, and even what local cleaners or vendors are seeing.

Now when you 1031 exchange into your new property, you can utilize 50% or 100% bonus depreciation of the new 5 year property, and defer your taxes!!!

And to be responsible for utilities and any damage occurring for failure to heat the property.  

With a 1-acre site, your options are limited, depending on access, existing utility infrastructure, and zoning, you may be able to do a small commercial or mixed-use play.

- Do you currently own a prior landlord or utility company any money?

The D's started it with the whole "eat the rich" movement, and the mainstream D-party blaming investors as a good well polling one to pull out of that and utilize for political value.

Kitchens get expensive quickly, even when you’re trying to stay “budget.”If you sell at $250k, make sure you’re backing out:Agent commissionsSeller closing costsHolding costs (insurance, taxes, utilities)Contingency costFor a first deal, I’d either:-Increase the rehab budget and aim for a stronger resale price, or-Treat this as a wholetail — fix safety and functionality, clean it up well, price it right, and protect your downside.Venice is a solid market, just make sure the numbers work on paper before you commit.