Can someone describe the tax treatment of WLI and/or IUL?

However, preferential treatment and favoritism happens all of the time with bank and lender owned properties.

Minor cosmetic defects stick out like a sore thumb on completely vacant houses.

No one ever complains of the rent coming in, but instead of the treatment/damages of the house.     

The tax treatment of replacing HVAC systems depends on various factors, including the type of property (residential or commercial), the cost of the systems, and whether they qualify for immediate expensing or need to be depreciated over time.For residential properties, the cost of replacing HVAC systems is typically considered a capital improvement rather than a repair.

I don't know if the situation with the "nasty" tenant is salvageable or if there is any legitimate basis for their treatment of you and your staff. 

A friend of mine in his early 30s got hit with a $13 million dollar bill for a cancer treatment.

So, RE has an expense to it and capital is a very, very important but it is not the only variable. 

End of day, there need for US purchasing outweighs the sore feelings. 

To the guy who stated “especially heroin those guys are as good as dead... and we deal with this in the hood all the time“ etc etc....I work in the substance abuse and mental heath treatment field.