@Natalie Kolodij, appreciate the precision.

The allocated loss should be reflected on the K-1 that you each should receive as partners from the partnership tax filing.Not sure precisely what you mean when you say "we will each get to have $2,500 that we won't have to pay taxes on?"

Seems ludicrous on the surface that they could figure out vacants with any precision whatsoever.

Your on the right track of wanting a short an precise message.

On vinyl floors, often the edges of vinyl have curled because the installer wasnt worried about full contact with glue or a precision cut, as the toilet will cover it.

No one in the media thinks it is sexy to do a writeup about a guy that does a ton of well thought out, precisely calculated flips because let's face it, outside of BP no one would know what the hell they were talking about.

I have money to invest in my business, however I don't want to throw it away and it seems that is precisely what I am doing.Any and all suggestions welcome... thanks for any help!

And since you brought up my state, I will point out to you that WSDL will on Jan 22nd no longer be acceptable photo ID to homeland security for accessing airports, that shows you how useful it will be, precisely because illegal immigrants can get it issued to them.  

Your tenant is only allowed to withhold rent when specific requirements are met, and they must do so in a very precise manner.

The Deanwood area in SE DC to be precise.