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Not sure about the legalities of that one, I'm no accountant, but what I do know is the expense of moving twice and renting for 6 months will far outweigh any tax deductions on a 10k expense. Especially one that is capital improvement anyway. Bill I read it as 10k each, and the point is the...

Not necessarily so. Some of the investors may be looking at a quick profit and want to improve the facade in order to increase the sale price. I have been in a similar situation during the recent boom where units in a complex where I own were turning over at profit very frequently. New owners...