the cap rate is the same, the value changed.NOW if you want to argue that the property was only worth $250,000 have at it!

How can the software differentiate an expense for Property ABC or Property DEF?

You would list LLC A as the owner and LLC B as the manager.For example, John Smith owns 123 Straight Street and hires ABC Realty as his property manager.

The Book on Rental Property Investing" by Brandon Turner"The Millionaire Real Estate Investor" by Gary Keller"The ABCs of Real Estate Investing" by Ken McElroy"Investing in Real Estate" by Gary W.

as of 1031, it's only applicable for rental, 121 for owner occupant ; but well yes we can argue we can combo 121+131 (sell after < 2 years of rent of prev. home) and do it in loop but it requires moving to a third house, that's bit painful.

Things I look for if I am going to argue the appraisal:- Find better comps. 

if I wrote it off to 1 property, that 10k would be an issue one way or another on 1 account, and I now I don't call 10K $insignificant    I know everyone has their way of doing things that works for them, and I am not trying to argue a point, even though as I re-read my post it sounds argumentative, I'm really just trying to clarify my question I asked in the first place. 

I have a Parent LLC in WY called ABC LLC.

We've been cheated by ABC CAPITAL LLC, that signed with us a management agreement of our properties.

lol  My husband and I are arguing over sod vs seed.