Yes, you are correct.Sorry, I just meant to illustrate that the costs of your audit protection at a later point would be doubled or atleast much more.

Let me illustrate an example using a property that costs $100,000 rent would be $1000 per month using the 1%. 

Coincidently, I just came across this decision in Indiana entered yesterday, I think it illustrates my point nicely.HUGHES v.

I don't let outlying, relatively insignificant issues cause me to reject someone that has either clearly changed their life (as facts illustrate), or simply had a couple incidents of poor judgment.

Links to cases & articles:Fackler: https://casetext.com/case/fackler-v-commissioner-o...Balsamo: https://www.leagle.com/decision/198766254cutcm6081...Gilford: https://law.justia.com/cases/federal/appellate-cou...Murtaugh: https://www.leagle.com/decision/199714974qtcm75113...Grier: https://law.justia.com/cases/federal/district-cour...Chicago Law Journal Article: https://chicagounbound.uchicago.edu/cgi/viewconten...Other relevant reading not mentioned above: Anderson: https://www.leagle.com/decision/1982134944jptcm130...Curphey: https://bradfordtaxinstitute.com/Endnotes/73_TC_76...Alvary: https://casetext.com/case/alvary-v-united-statesRevenue Ruling 73-522 (no link, also language is not quite the same as 162, unlike other links - but illustrative that triple net lease may be a problem)Good Article: https://www.taxnotes.com/tax-reform/economic-analy...Good Article, mentions "Kissing Cousin Issues" as one of the other posters here pointed out: https://www.thetaxadviser.com/issues/2013/may/clin...Another Kissing Cousin Article: http://www.mntaxclass.com/files/RRETOB_Part_I.pdfEnjoy!

Your death benefit will drop a bit, but to be understood  your agent can illustrate what that looks like.7) This is even more powerful for children.

If they will do a loan with less than 1, the pricing takes a hit.I've included an example below to help illustrate this. 

What your experience illustrates is that the strategy should follow the opportunity and not the other way around. 

(I now use that story as an illustration to new tenants about the importance of reporting maintenance items in a timely manner.)

My examples are made up, feel free to change them if it better illustrates the answer.Easy links for possible sources:§ 1.167(a)-11 - Placed into service definition - e(1)(i)§ 1.263A-1 - Capitalization of real property§ 1.263(a)-1 De mimimis safe harbor (DMSH)§ 1.263(a)-2 - Treatment of tangible propertyIRS Tangible property and DMSH FAQThank you in advance!!