What are your thoughts on the chances of 100% depreciation will be re-instated with Trump back in office?

I often work with Ethan Gao who is also a lender has an office in Katy.

I agree with what Sofia said.

@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.

You might go by the Dallas HA office and see if you can speak with someone to see how they determine rents or see if they still have their landlord seminar. 

Why are there two prom notes to finance residential real estate for the company's officers?

Can we change these units back to commercial / office space?

@Pranav Patel, I agree with @Sofia Komrskova.

Or if you need to hire a kid to stand out in front of their office warning their clients that they’re losing tax forms and not telling people. 

.✔ Commercial real estate trends – Certain sectors, like office space, may continue to struggle while industrial and multifamily thrive.How to Stay AheadFor BiggerPockets investors, the key takeaway is to stay informed and proactive.