Either way you do not get to declare guilty or innocent. 

I wish I could give a good condensed version of what he thinks and I may get the particulars wrong but he basically says that if you can breakdown repairs by systems and declare you are ahead of time you can break down many repairs into under $500 blocks.  

This statement must contain a declaration that you are a qualifying taxpayer for the taxable year and that you are making the election pursuant to section 469(c)(7)(A) [§1.469-9(g)].From Vernon Hoven's The Real Estate Investor's Tax Guide (4th ed) , wording for your statement might be:  "In accordance with §1.146-9(g)(3), the taxpayer clearly states that he (or she) is a qualifying real estate professional under IRC §469(c)(7), and elects under IRC Sec 469(c)(7)(A) to treat all interests to real estate as a single rental real estate activity."

The bully flexing muscle to intimidate the small guy to changing something that was fine to begin with.Thanks in advance.

I am not convinced yet that the IRS won't decide to declare them in violation.At least I usually prefer it so far.

Think of your money with your PM as a savings account.As far as cash versus accrual method, that's a declaration you make when starting your company, is Federal in nature (for federal tax purposes), and it is up to you.

I decided not to do the checkbook IRA because I was advised the IRS doesn’t have a declarative position on it.

So your comment on many factors adds nothing other than a declaration of the utterly self evident. 

We figure we build our portfolio from the muscle and then go to investors to ask for a loan that support our terms.

(a) The Legislature declares that the purpose of this article is to provide counties with an alternative remedy for collecting delinquent property taxes by the sale of a tax lien."