If you know it was clean before they moved in, then there's reason to believe they brought the roaches in and should be responsible for treatment.

I think a lot of us would like to get a better idea of how you would approach a deal like this.How do you identify a prospective multi family property that would you target for this treatment?

Hi @Zac Boelkow,(all prudent CYA statements go here, ha) It really seems to come down to what you are wanting to accomplish with the structuring.In states that allow series LLC treatment it is a very favorable effective risk-reduction move, so if that's your primary goal then it may be the right move.Otherwise states with stringent business privacy laws (Wyoming, among others) a well-structured holding co. can give the owner BOTH legal protection AND privacy, which tickles the fancy of many a wealth-builder.A brief consultation with a savvy Asset Protection attorney would do you well here. 

and want to take that loss as ordinary and not capital.Do you take the advantageous tax treatment, perhaps rightfully so, and expose yourself to failure-to-file penalties for the 1099s? 

The ozone machine will work, but it could take a couple treatments. 

@Barry CollierTaxation regarding note investing is complex.Please make sure that the accountant you select knows the treatment regarding performing and non-performing notes.

Not a CPA, but my understanding is that it would depend on your corporate structure/tax treatment, if any.

Some foundation repair companies will overshoot the treatment so the engineer may tone that down too and have a perfectly fine repair.

Demolition has its special tax treatment however, and I would not tackle it without profession guidance.

I charge a Tenant $100 for every treatment and it sometimes takes two attempts to remove the odor.