I also have a slightly modified version of this spreadsheet that I use to track all business expenses not attributed to a specific property.

I have a property with the following attributes (summarized) and am hoping to get some guidance on the best way to finance with my business partner. 

Your understanding of the depreciation recapture process is almost correct, but there's a minor error in your calculation.When you buy a house for $300,000, with $100,000 attributed to the land value, you have $200,000 allocated to the building or improvement value.

Many of us have our own personal set of attributes we look at, such as price per square foot.  

One of theirdifferentiating attributes is that they will work with you to determine how tobest handle your property.

Assuming there are less STRs, what do you attribute it to?  

Yes, there may be a small exposure to floating rate loans, but these are hedged with swaps, not caps, and account for generally less than 20% of the overall debt attributed to assets.  

Slightly further down you can see a "Vendor Discounts" line at $3,669, which is attributable to the mark-up on the repairs or 37%.  

are attributable to his acumen. 

These are reports from the insurance company that issued the policy listing all losses that are attributed to that policy.