Usually this needs a promissory note and actual cash payments to be respected (as opposed to a month liability accrual).Your tax professional is best equipped to explain the specific ramifications to you and long-term consequences based on your individual facts, circumstances and goals.

I told the guy I would tear the house down with equipment , but I wouldnt send a human into that house no matter what the price . 

I know that when I worked for a corporation we got equipment tax-free but I don't know how because we weren't a non-profit.

Which explains why commercial businesses trade on the basis of their NOI and little else, NOI and a market based cap rate.The homes are bought at the same time as the park, personal property of lawn mowers, sheds, tools, office equipment etc, the whole works.  

Challenges, not having access to better equipment.

If you are S/E ( self employed ) for example you can always ADD back Deprecation/Amortization from your tax returns, in some cases you can ADD back 1 time expenses.  1 time expenses can be; purchased a company car, equipment, did a 1 time upgrade to your office and the list can go on. 

The employer was REI (Recreational Equipment, Inc.) and turkeys could be seen "hidden" under cashier counters, in sleeping bag bins, under clothing racks, behind the ski display... it was hilarious! 

Boats, vehicles and equipment will be stored in the new space. 

And I NEVER make it as simplistic as he indicates - I always give thorough and complete responses, based on the info the client provides.Mr DiBiase wanted to use strategies he is not equipped for - strategies that require cash, but he has no cash available.

(Usually I split, but if the upgrade adds no long term value, it may be 100%.)Every one of my B and A class properties has a garage opener, so we consider that standard equipment.