Thanks, this clarity helps.

Moreover, get clarity on commission splits and monthly fees. 

Thanks for taking the time to provide some clarity. 

The issue however is they have never made clarity with how it specifically relates to rental income..which typically as it sits...is not trade or business ( that's why you don't pay SE tax on it)

This habit has been a main contributor to having extreme clarity.

I will now only use an electronic transfer mechanism for reasons of business scaling and transaction clarity.

This is the 7 step process I use when handling tenant disputes: 1) Open Communication: Contact your tenant in a friendly tone, acknowledging their positive qualities as a tenant.2) Explain the Issue: Describe the problem with the unpaid electricity bill and its impact on your credit score.3) Propose a Solution: Suggest sharing the prorated amount for the period when they were in the property as a fair resolution.4) Highlight Timely Communication: Emphasize the importance of promptly informing each other about such matters in the future.5) Reiterate Appreciation: Remind them of your appreciation for their positive contributions to the property.6) Listen to Their Perspective: Be open to hearing their side of the story.7) Document the Agreement: If an agreement is reached, document it in writing for clarity.

I can't get complete clarity on this, would the parapet count within the 38' height?

We only have a blanket reference to a "trade or business," which without further clarity, I would think HAS to be interpreted to mean a Section 162 trade or business.

Runs throughout living, dining, and kitchen.Basement viewing back towards stairs, bathroom, and HVAC closet.Basement viewing entertainment/additional living area.Rear bedroom showing trim and doorsBathroom getting ready for tileNow we're seeing the end of the project with more clarity.