@Prima Serv now I hope tenants can pay as these are unprecedented times for all of us !

I believe one should read anything related to this topic, like what you had quoted above, with that in mind.I'm by no means a (US) tax expert but one thing I know is that once it comes to buildings, depreciation is what every cost related to this building has to - prima facie - be tied to.

I am more comfortable as a Prima-Dona :)Brandon - thanks indeed for shout-out :)

Of course it's ridiculous prima facia, it's not even really worthwhile to posts like this seriously. 

But, should I ever feel froggy one night and get the urge to make a negative comment about any of our clients - slap me hard and remind me of the prima donna dirtbags that people like @Mike V. have to deal with)Sorry you are dealing with this.

As usual, no one can proffer any prima facie evidence that what I've stated is incorrect and instead meander off on strawman deflections. 

Welcome to the site @Prima ServYou should contact an attorney to create an LLC along with an operating agreement that outlines shares, profits, duties, contributions, triggering events for changes, what happens in a death or bankruptcy etc....

Prima Management does lots of condos and also smaller multi units.

The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention"This was a Wednesday conversation I went on to ask about transactional funding IE coming into escrow for one day.. she said in the states Eyes that is not legal either .. because the B person still had to market a property they did not own.. and it was prima facia evidence of two deeds in one day FLIPPING.. they were really against that one..

[TRELA §1101.652(b)(9)] Further, paying operating expenses or making withdrawals from a broker’s trust account for any purpose other than proper disbursement of money held in trust is prima facie evidence of commingling.