I understand the first part of the explanation, but can someone explain how they came up with a $33k tax refund?

@Nicholas Aiola good explanation. 

I sent them a certified letter for an explanation.

Regardless if they are investing with us, our goal is to provide detailed market information, resources such as the best financing options we are aware of, REI specific CPAs, attorneys, 1031 QIs, cost segregation specialists, mngt recommendations, STR/MTR resources, investment calculators, etc.I hope this long explanation provides a detailed review of how RTR has helped thousands of investors accomplish their goals over the past decade.

I completely disagree with the advice given repeatedly above that you should have any sort of dialogue or explanation for a rent increase.

Your explanation of rental property sale losses being capital (not ordinary) losses implies that it is not considered 1231 property.But IRS Publication 544 states:Section 1231 transactions.The following transactions result in gain or loss subject to section 1231 treatment.Sales or exchanges of real property or depreciable personal property.

For me, if a manager is going to exceed the repair threshold on non-emergent repairs, they better do what I normally would've done or have a convincing explanation for why it was in my best interest.

I found a property that I am really considering purchasing. It would be a 500k purchase, 100k rehab and 700k ARV. I would then turn it into a rental.1- First off, I am having a hard time wrapping my head around the fa...

If not, you will have to include an explanation as well. 

I generally am focusing my search on a specific market, specific location, or maybe a major retail corridor, so I'm not casting a very wide geographical net.