At a technical level you have two paths, either 1) combining the bottom and ground floor units into a larger unit as you suggested above or 2) create a third legal unit.

Bottom line, there are three solutions to this problem and none of them involve him getting free rent or you being liable.

However, if you dive into the language of the regulations, including examples, you will see that replacing a fence falls squarely under B (Restoration).Bottom line: it is a capital improvement in 99% of the cases.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $394,000.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Bottom line here, it's rebounded nicely since July.2.

My personal goal would be to keep the tenant even if the unit was in rough shape, and just get to the bottom of the late rent thing

The real bottom line is do you want them as tenants.  

Bottom line, the specific facts pertaining to the transaction would have to be examined to know when or whether an illegal act has occurred, and what remedies are available to investors who were harmed as a result.

Our problem is that our rental income is just short by about $50k bottom line profit a year for me to retire (keeping in mind that my business partner and I split all revenue).