It will help prolong the WH life.Bill

You have to determine if they are stable businesses that provide fairly essential services that can weather a prolonged recession.You have to plan for the worst and hope for the best.

I see a dishwasher providing incremental value in shorter marketing time and prolonged tenancies which does translate to rent. 

The fed and the administration are artificially inflating equities and prolonging economic pain through fiscal and monetary stimulus.

The bank will be happier to take it back this way rather than going through the prolonged foreclosure process.The DIL will avoid having the property come up at the foreclosure auction (trustee sale or sheriff sale, whichever applies in that area).

I can't help believe that this current housing bubble and economic situation would have been well into recovery if it hadn't been for the massive government involvement that has prolonged the effect of market corrections.

But when considering the economic downturn, which may be prolonged, my thoughts are moving toward multi family homes such as duplex's, or SFH's with an garage apt for kids or parents.This will become more common as we return to a more "extended family unit" society to make it through the hard times ahead.

In other words, there is no prolonged and expensive foreclosure legal process to kick you out...it's just a quick termination of the Master Lease.

Here's some additional information I found on Tax Info Blog: Let's start with the definitions of terms:Repair: deductible; keeps property in good operating condition; does not materially add to the value of property; does not prolong property's useful lifeImprovement: capitalized (depreciated); adds to the value of property, prolongs its useful life, or adapts it to new uses; an extensive series of remodeling repairs is considered an improvementAs you can see, this makes a fairly fine and legalistic distinction.

This is old news.He has taken leave of absences before.He had Pancreatic cancer before which is the deadliest form of cancer to get.There are different types of Pancreatic cancer and the least severe one has about a 5% survival rate to give you an idea.Jobs has had organ transplants and other procedures over the years to keep prolonging his life.He has known for some time he is not cured but delaying the inevitable.They have been planning his departure for years.This is not a chock the company wasn't expecting.I really don't think all that much will happen in the long term.Just because he will not be running the day to day operations does not mean he will not have any input on the direction or innovation of the company moving forward.Many owners retire but still sit on the board and give input.