Multifamily balance sheet questions

[Dillard Stone]

I'm reviewing the financials for an LLC that owns a single apartment complex and have a few questions. I ask because I don't know if there are any practices common or unique to the multi-family industry that I'm not aware of.

1. Should depreciation expense be recorded monthly, or should it be recorded as an EOY adjustment?
2. Should loan fees be amortized monthly, or should the annual amortization be recorded at EOY? These two questions go hand-in-hand.  I can see an argument that these two expenss only really matters on the K-1 and so is only necessary at year-end.  But, in the meantime, the income statement is showing net income for the year, and I'm wondering if some investors might not be interested in estimating their EOY tax loss, which they can't do without monthly depreciation and amortization.
3. Should the net 12 month's worth of the loan be broken out a current maturities of long-term debt and shown on the balance sheet as a current liability?
4. Should the balance sheet include only one account for the property, or should land, buildings, plant and equipment, and fixtures be broken out separately?  I doubt that would be feasible for a complex whose purchase price did not break out the amount attributable to each, but I'm curious as to how that's handles.

I may have some more questions as I get further into this.  If so, I'd like to post them here.

Thanks in advance.