Should I amend 2021 to a Sch.

If you made a mistake on your tax return, you can typically file an amended return to correct it.

Again, I am assuming that I will have to amend my articles of formation to include that language.

Hi Jason and welcome to the community,In working on construction projects outside of my state (I'm a licensed residential contractor and SF rental owner) I have encountered that the local building codes might be amended to add any local requirements in addition to the national codes, so you want to work with a local contractor to at least give you a run down of the process and help you pull permits for any items requiring a licensed electrician, plumbing or structural work.Good luck in KS.MRod

That way down the line if they have problems with the business you have some negotiating leverage with the lease amendments or if they want to terminate a buyout provision to cover lost rent, TI, leasing commissions, and legal costs for the next tenant.  

The best thing to do is have your agent write up an amendment making the request and see what happens.

The lender was supposed to release the rehab funds and amend the first after the restriction date had passed.

So check with HOA presidents to make sure there no new amendments in the works.

This is per the OCC regulations.www.occ.treas.gov/ftp/bulletin/2005-6a.pdfAlso see Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA); Amendment to FIRREA effective June 7, 1994; Interagency Appraisal and Evaluation Guidelines (October 7, 1994); Uniform Standards of Professional Appraisal Practice (USPAP)I haven't seen or heard of any changes from the current policy.

We are going to amend his return to show the correct 50/50 amount and made the decision to have much more concise communication, that way we don't trigger any red flags in the future.Thanks for the help!