It wouldn't hurt if you wanted to do that now as they could provide good information as you move forward and make decisions.Benefits: building a relationship, shopping firms to get the best fit, knowledge regarding big financial decision before they occur, knowing if  you're making any major mistakes, determining if your plans will actually help you tax wise SummaryIt might be too early but only something good can come out of a meeting with a knowledgable tax professional earlier rather than later.

Specifically regarding plumbing you could add (depending on your State or Local Laws) "... unless determined by repair person that such blockage occurred during the time Tenant controlled the Premises and due to some fault or negligence of Tenant, specifically excluding blockages caused by roots or backups from the street..."

I have had this occur with cabinets, flooring and other materials made from overseas that the product testing compared to the in field testing of the product were very different. 

If fracting had not increased productivity so significantly, then this would not have occurred nearly as fast.  

The IRS will never contact you by text, email or social media to request personal information.Education for Your Staff: Be sure your staff knows how to recognize a phishing attempt and how to report it when one occurs.

They will get a $100,000 liability to cover fires, water damage, accidents, and more.As @Greg Scott stated, you should require your tenant to add you as "additional insured" on their policy.

Repairs and maintenance can be deducted in the year they occur, but major improvements must be depreciated.

While it's true that UBIT can scale up to 37% rapidly, this typically occurs only after $12,000 of income, and you can deduct expenses, including depreciation, against the leveraged portion, subtracting the first $1,000 before calculating UBIT.

OWNER assumesno liability to TENANT if such should occur as all products have a useful life and breakdown occasionally"My partner has a signed copy from the VRBO tenant.The way my partner has left it with the tenant is that my partner is investigating the issue and will get back to her.Does anyone have any advice on how to handle this?

This was an accident win.