If you never claimed depreciation (or claimed it incorrectly), you still have to pay taxes on depreciation recapture, and you will absolutely need professional help to fix past depreciation errors.5.

So far for gatherings I have  had to tell people no fireworks   and no unsupervised non-swimmers  at the pond. and I have had to chase off people parking in incorrect places.For a single family I am not going to police events.

That's certainly an incorrect interpretation.

I'm no expert so I'll defer to someone else if incorrect but you wouldn't actually "own" the property for a year during their redemption period so you couldn't get a loan on it since you won't own the property yet.

When you overcomplicate things it makes it a lot easier to miss a detail that could potentially open an entity up to being set aside.While I understand the "multiple layer" argument, the extra complexity (not to mention extra cost, if you care about that sort of thing) means extra risk of doing something incorrectly (missing an annual meeting, writing a check from the wrong account, etc.), and if you maintain the main entities correctly anyway I think that (and a good insurance policy) is the real line of defense."

For those who are better versed in the BP calculator than I, do I have anything inputted incorrectly, or do I just need to re-evaluate my rehab and purchase price?

For those who are better versed in the BP calculator than I, do I have anything inputted incorrectly, or do I just need to re-evaluate my rehab and purchase price?

However, not all Realtors put the listing in correctly so you may miss a 4 unit if you limit your search to that number of units specifically. 

Sometimes special information about appliances, we have a built in oven that if used incorrectly trips a particular part in the oven and costs a couple hundred dollars to fix. 

There are 1,300 others, many of which with significantly faster transaction speeds and very low fees (ex litecoin).You are incorrect about many of your comments above, but it’s not worth my time on here to educate you.