Well typically speaking the arbitrager, but the real answer is the lease agreement will outline who is responsible and it is technically negotiable.

Therefore, amounts separated for by a cost segregation study would not technically increase the "non-real-estate-property" for the purposes of the 15% test.

Technically the contract is invalid.

This would technically allow you to sell a property and both of you exchange 50% of the sale into your own new property. 

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

When you want to get into some of the more technical stuff like modeling deals in excel I've found that Justin Kivel's material is really useful and I've used his stuff to train some people in my office, check him out!.

Its the good neighbor rule... the tenants aren't technically doing anything wrong but trying to be courteous to your neighbor will go along way.