I broker deals for my sons, and even though they are buying single-family rentals (classified as residential) I'm able to serve them with a "commercial mindset" and we look at the deals from that perspective.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Here are some additional details and common questions related to historic tax credits:Certified Historic Structure: To qualify for the historic tax credits, the building in question must be classified as a "certified historic structure."

If that is the case, then these are actually classified as detached condos, not single family homes.

Given you state you "past (sic) all my 7-8 preliminary inspections" a judge may rule in favor of returning the security deposit since items in question (e.g.

I am trying to get better at classifying the areas. 

I'd read about zoning uses classified under mobile home parking.

If the incident happened mid lease you definitely should have billed the tenant right then and there repair but @CalvinGraves is correct in that you cannot classify that charge as rent in CO.

you might want to post this under Classifieds Forum if you're trying to sell something.

One key was to classify me as a "real estate professional" because that allows you to offset your ACTIVE income with the PASSIVE losses from the real estate.