That way, your records are consistent and they should never due something that causes you to reopen prior year taxes.

He specifically mentions ”make sure you do not provide substantial services so that you report the STR rental income on schedule E not C and so you are not subject to 15% self employment tax“

Then the partnership can be on title as the owner of both current properties and then the partnership can be the consistent taxpayer for a clean 1031 exchange.

Stay consistent.32.

If it's used to promote an agenda or to scare you into doing something, then I take it very cautiously (like the jobs numbers, that were adjusted 340% retroactively...do you still place value on that reporting, after repeated significant adjustments?). 

What feedback & data can your PMC consistently supply to you?

The biggest is that the budget is more "consistent" than in a remodel. 

How should I include any repairs related to termite report?

There are no quarterly reports. 

For me, I tell clients as long as you are within a 30 minute drive of either Pigeon Forge or Gatlinburg you'll likely see more consistent success.