Big capital expenses like a water heater will always be depreciation, little routine things like light bulbs will always be repairs, but there's some amount of discretion for everything in the middle and depending on your tax professional's interpretation of the tax code.Q2: Both are wrong if we're going off of tax returns, or at least both were relayed with less than 100% accuracy into this post.

Don't forget that you may have to get a demo permit in many areas,"This section highlights OSHA standards, standard interpretations (official letters of interpretation of the standards), and national consensus standards related to demolition.OSHANote: Twenty-five states, Puerto Rico and the Virgin Islands have OSHA-approved State Plansand have adopted their own standards and enforcement policies.

Some things need interpretation.  

Media writers often have bias or an agenda so their interpretation of the raw data can be inaccurate.  

Though, with what seems to be constantly changing rules, regulations and interpretations, it may not be practical.

Gov puts the brakes on it when it becomes too disruptiveOK ... that makes more sense ... if I'm interpreting your statement correctly, you do not NEED more income to retire, but you WANT more income to retire, which is perfectly fine, but I think it is important to clearly demark needs and wants.

If you have a guy that cheap, do share :) I might be wrong, but I interpreted his post as to say it was $8500 per unit.  

You have just chosen to interpret any advice you didn't care for as negative. 

"My question is how to you guys interpret this?

I am just wondering if I am interpreting it correctly and not missing something.