If you're sued, the plaintiff will likely include a cause of action against you personally for negligence.

The depreciation would be negligible on a $35K purchase price since the depreciable basis would be $35K less the land value ratio, so probably in the $20K-$30K range on the basis.

Randy I'd say it's some poor customer service on their part by not keeping you in the loop however I don't see a negligence case here.1.

Negligence is 4 parts, duty owed, duty breached, injury and monetary damages.

It was always pictures of damages with emails asking for funds for repair.USREEB has send me 13 emails over these few months wanting me to sign a contract stating that I will not report them to Better Business Bureau and give up my right to legal litigation.The negligence of USREEB have costs me over $17,500. 

In the case where a property owner is using a management company to manage their property and someone get's hurt due to negligence, i.e. management company does not fix broken stair and tenant falls on stairs, or a tenant complains to the management company about a mold problem, but the company does nothing about it, and the tenent gets sick, who is liable, the management company or the owner of the property, or is it both.

Skylights are listed on the roof release.Even so, it looks like the damage is due to negligence as the skylight is shattered.

I can buy reasonably inexpensively plus I make a profit from their negligence.

. - I have never done this before, but I think the impact on the property tax value would be negligible.

I could tell he was upset, but he just said ok.He added that i was being "negligent" I told him negligent would be if i didn't fix it.