@Ronald Rohde Partnership agreement / Entity formation 

If a doorknob breaks or a tree branch falls on the roof or the fence blows over, I really don't need to ask because I know the Landlord will want to fix those things (and needs to, according to my contract).What you really need to do is carefully read the PM agreement to see if they are tacking on additional fees, marking up maintenance, etc.

Happy New Year all!I'm buying my first property with a partner and was wondering if there is a draft that could be share to have a more precise idea on what to look to type up and how we can discuss it. I know I saw a...

You cannot have any sort of agreement in place with a management company or for a timeshare. 

My wife owns a rental property that we plan on selling in the near future, ie coming months.It is a complex situation, but I am having a hard time coming up with the cost basis of the property, estimating the depreciation, which will ultimately give me an idea of the tax bill due at conclusion of the sale.first, the property was purchased (~1988) with what sounds like a lease purchase agreement by her parents (close family member bought the house, parents made lease payments over time with eventual outright purchase of the home from close family member). in 2008, they move into new home but keep as rental. shortly thereafter, second mortgage made on home to cover costs due to family business that eventually went under.

It requires a special TIC structure in the operating agreement. 

@Patrick OrahPay an attorney to review their agreement.

The reason I ask is that it is technically a recreational vehicle, however its going to be rented on a lease agreement for 6-12 month basis.  

We own a 4 unit we've just signed a purchase and sales agreement on to sell. is it too late to commit to a 1031 exchange?

There are current agreements between the previous owner and the commercial tenants.