Why shouldn't I, as an LP, treat Unreturned Capital Preferred Returns as a notable red mark against the deal?

Dress like a "kid" be treated like a "kid", dress like a man and your more likely (but not guaranteed) to be treated like a man (and tuck your shirt in--it looks more business like to many people).Good Luck!

They’re treated differently. 

Treat that dog like it's a person needing a background check.  

I treat them well so they will stay forever and pay off my mortgages.

The effect of this is the account is treated as distributing all its assets to the IRA owner at their fair market values on the first day of the year.

You don’t get to treat people this way and get away with it.  

I believe he is right, that if I do rentals the way HE did it, it may not work out, but I am searching for someone who can help guide me to treat rentals as an investment.

Treat people like people.I purchased a seven unit building in Chicago that was filled with legacy tenants paying crazy cheap rents.

Personal use also includes time spent at your place by another party under a reciprocal sharing arrangement (“I use your place in exchange for you using my place”) whether the other party pays market rent or not.Days devoted principally to repairs and maintenance are considered days of vacancy and are disregarded, even if family members are present while you work away.The tax drillVacation homes in this category are treated as personal residences for federal income tax purposes.