Daniel,have to know how the numbers break up, as Kevin was saying, did you include management, electric, gas, lawn care, leasing fees, water and sewer. if you do not hire a property manager are you taking care of managing the property yourself ?

This post is purely for ***** and giggles to break up the monotony before I burn out.

Have it be a surprise or a small gift basket full of bulk purchased items you can break up into many baskets or donated coupons from local vendors.  

Standard depreciation is where you depreciate the value of the house (minus an estimated value of the land) over 27.5 years.Accelerated depreciation is where you break up the key components of the house (i.e. roof, floors, windows, hvac, etc) and depreciate them over the IRS' acceptable lifespans of each one.  

@Danielle Cage I would suggest that when you negotiate your operating agreement imagine, if you can, that it has all gone wrong and you need to break up the pieces of the business.

When you say he is on the paper work ... you mean you used his credit and finacials to qualify for the loan.. and he is as stated an owner of record.If you can't work it out.. a mediation service may work well for you.. your not the first one to go through this stuff.. you also may be deem married in common law.. depending on your state so the break up would be handled just like you were married. 

Old break up was about 530 / 470 (absentee / 65+) New break up would be about 750 / 250 (absentee / 65+) Any thoughts on changing things around this way?

You might want to learn advance creative negotiation methods.I don't care where you go in the US, there are deals to be made if you know how to negotiate them.Maybe some ideas on creative methods will help you find what you are looking for.Try, Hybrid offers, delayed settlement, principal mortgages, vertical break ups, take backs, study periods, subject to public auctions, friendly joint ventures.Control and Roll is a great way to sell properties you don't own and to make fantastic profits.Charles

Plus, if they break up during the lease term and one leaves the house, the other one wouldn't be able to pay rent on his/her own. 2.

@Jeff AmoreYou could possibly breakup the portfolio through multiple buyers and get more per door.Franklin