The mechanics and specifics of this are really a question for my trusts and estates department, so I will check with them for you. 

Try to focus on properties that were built after 1960The reason for this is because the foundation of the property is likely made from poured in concrete or block construction.Poured in concrete is favorable because it allows for less water penetration into the basement.The mechanicals of the property are likely more in line with today's building code.

Putting all this action into a partnership tax return reduces the risk right back down to an acceptable amount.Second, with a partnership tax return, we can mechanically show your capital contribution (at-risk money) including recourse loan debt.

Nice kitchens and bathrooms are great, but if all the mechanicals are old, electrical is outdated, and its all made up of plaster walls, you might as well gut it. 

Usually we end up replacing ranges due to cosmetic issues more than mechanical.

I would have an expert look at it to determine if this was due to dirty filters or just a general mechanical failure.

I didnt know we got ANY E55 AMG saloons in the states....good to know.As an ex race car engineer and ferrari challenge mechanic I spend some of my income on cars.

Unless you're on site and mechanically inclined I would stay away from it.  

Gas station employees, mechanics, landscapers, and many others work in close proximity to petroleum products on a daily basis for decades and they don't experience health issues as long as they observe basic safety measures like washing their hands.

We sub out all electrical, mechanicals, plumbing, and some exterior and flooring.