https://www.azag.gov/methArizona is concerned about meth labs, distinctively different from someone using dope in a house.

They made a distinction between primary / secondary / non-primary or rental property.

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

You need to underwrite the deal and figure out exactly how much you can afford to pay for it.That’s a huge distinction, because the wholesale fee is included in the assigned contract.

People also consider and rent places on Airbnb for experiences so the more distinctive your home is the better.

Success is built up by having the correct structure.It is prudent to establish distinct legal entities for each purchased property.

I remember it very distinctly. 

I remember distinctly in some BP videos how they talked about buying low, fixing, and renting out - buying the worst house on a nice block.My plan is to buy, and fix up - live in one side and rent out the other as a very very beginner.

So, the more you can segregate funds, maintain annual records, and generally respect the distinction between you and your company, the better chance you have of protecting your personal assets in the event of a lawsuit.Many people set up the company and then never document anything else.

The 3rd group, let's call them elective expenses (there's no technical tax term for them), are not deductible at all.As you can see, the distinction is important.