As long as there is no "healthcare" being provided (medicine, baths, etc) then it's not regulated by the department of health.

We've only made maybe 10 - 15 claims in 12 years.  

Cost segregation makes the most sense for investors with high active income, long-term rental plans, and the ability to claim immediate deductions, but this can vary by company.This post does not create a CPA-Client relationship.

Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes  to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim. 

The applicant was initially upset and claimed no other reports has previously caught flagged this.

You can't take any deduction on your tax return or claim any depreciation on a property owned by the IRA, just like you can't take deduction or depreciation on a property I own.

When donated to a qualifying charity, you generally can deduct the full fair market value without having to pay capital gains taxes, which is a big benefit compared to selling it.Itemized Deductions: To claim the deduction, you must itemize your deductions on your tax return (rather than taking the standard deduction).

Rentvine's claim is that they offer help getting set up with double entry accounting.  

That claim can not be even remotely true.  

If for some reason this falls through should I attempt to offer more money for a quit claim deed or proceed with the newspaper notification process.