haven't  ever heard of an appraisal with only photos …...what is derivation of the  work orders ?  

He lays out a system for managing the finances of your business that many find helpful.I have not read the book myself but have implemented a derivative of his system for my rentals.  

@Anestis KapolasYou first need to make sure that you qualify to take such distribution.

Buy a house in your IRA now and distribute it to yourself when your eligible and  you want to start taking depreciation. 

However, IRA investments grow on a taxed deferred basis, and required minimum distributions don't apply until you reach age 70 1/2. 

Profit distribution in excess of your wages are still taxed as ordinary income but escape self employment tax, which is 15.3% on top of income tax.For example, let's say the profit from a flip is $100k and you draw $60k salary.

My properties are owned by a US corporation which is owned by my Canadian corporation, so I do not derive income directly from the US but only through profits that are repatriated to Canada which are then paid out to me by my Canadian company, not my US company. 

I would guess it would be how the accountant distributes how much of the principle reduction payment is allocated towards the actually gain and the equity.Example.. 

After you knock that off then the 10% distribution would be more than fair.

Rather than distribute my $$ over several townhouse purchases, maybe I could get a small apartment building.  10 units?