Unless you need the Payroll feature, once you have QB installed, there's rarely a need for any updates.QB Mac 2016 requires:Mac OS® X v10.10 (Yosemite) -or- macOS Sierra

Regardless, depending on the police departments sophistication, they will examine everything inch of the unit before release it back to you/tenant.

Active income through an LLC taxed as an S-Corp is best because as long as you take reasonable compensation through payroll the remainder of the profit can be taken as distribution which relieves you of the 15.3% FICA/Medicare Tax.

I have had 3 now stop talking to me once they figured out we finally reached a basic level of sophistication.  

Large sophisticated commercial brokers that I'm familiar with (such as CBRE) do include capital reserves in computing cap rates for valuation and marketing purposes.

@Brandon Turner , I'm happy to provide some color commentary.In essence, this is the start of a more sophisticated and nuanced version of the mortgage boom.

She suggested I have all my day laborers who are not independent contractors fill out a W-2 form and pay them by payroll.

Even though the sales numbers where in the multiple of millions, at time the business could not meet payroll or pay the vendors when the invoices became due.An industry study reported that 80 percent of the employees will steal from you.Ask any lender, the failure rate is astronomical.My 2 cents, run from this idea of getting in the restaurant business.

The head carpenter went on a drug binge all the checks for pay role were blank he put in  his name and cashed them two weeks of payroll  for 15 guys and 15 subs,on top of that he called all the jobs that they were doing and told the clients that they bills were due now if they did not pay them that all work would stop they did and they paid it out to him.

You can't easily peruse case law in India online; it's just not that sophisticated -- or consistent -- of a system.