One is owned by Wells Fargo NA and has a mailing address in SC.

I am an Ohio licensed broker so I'm honestly asking...any company or manager here in Toledo which sports the NARPM I guess can just pay the money and use the acronym but as a guy with a locally active REIA (I'm vice president headed into my third year), state REIA (I was secretary), my local realtor's association, and presence on several public advisory boards I fail to understand why anyone cares about the N-A-R-P-M acronym so greatly.To me actual presence in the market and participation in the community should be the real value in a management company vs acronyms...I have my MBA, does that mean I am to be trusted in business? 

Those of us knowledgeable in the SDIRA realm can only take you so far, especially in a web forum where we are not privy to all of the details.As @Matt Devincenzo correctly pointed out, when using debt-financing on a property, only the percentage of income associated with the debt-financing is taxed, and the same percentage of the expenses is used to reduce the taxable income.  

Hey Guys,I want to start another side-project for web app for real estate syndicate.

Came across: www.mywebsitovernight.com -- they build all sites on a proprietary web platform only available in global digital agencies.

There are a few books on title searches out there, look under title abstracting, and a couple of web sites if you google them.

It is that old debt that started with Dell Financial Service/ Web Bank that got me in this mess.

N/A not much has been done to it other than a new water heater.

N/A not much has been done to it other than a new water heater.What was the outcome?

Based on what I can see researching the web, this should be expensed as I didn't add any structures or even pants/trees.