Translation: you helped your client to protect their cheating against the state assessment.I understand that your client, as a result, avoided paying $45k.

My understanding is that the ballpark standard of "unless it would be outrageously tough" (something along those lines) is what applies if you're doing a rehab, seeking new permits, doing structural changes anyways, and things of that nature.For existing pre-ADA structures, my understanding is that the standard is more along the lines of "if it can be easily/cheaply done, you have to do it."

I would agree if we were talking about financial statements, but as I understand it, we are talking about tax basis reports.For tax purposes, one can use a modified cash basis when filing.

. :) It doesn't talk or teach about making millions as an agent but helps you understand what a career typically looks like and things to consider before jumping in.

I understand each comapny structure and risk and I do respect it. 

That way you have open forums, blogs, and messaging to ask questions, understand the syndicators criteria, and see all the posts syndicators are involved in.What criteria are you looking for as an investment for your next deal?

Instead I want to take advantage of the opportunity I have of living rent free to invest my time and money in STR's to hopefully build that portfolio up and eventually make that my main source of income (I understand that will take time).

I know that I will need a good realtor on my team that understands not just the market but the real estate investment industry itself.

We recently acquired our first commercial multifamily property, so I understand the transition you’re aiming for.

Quote from @Matthew Paul: I understand how businesses work.