A tenant's son who smokes, which isn't great, might not financially be worth pursuing (a functioning cash-flow vs an expensive eviction case and loss of rent). 

This allows them to structure the entities to provide the best mix of tax advantages, legal protections, and functionality.  

Replacement Cost, Actual Cash Value and Functional Value.  

A thoughtful exercise may be to use a combination of your own data, census data, and qualitative factors to put together a picture of your 'tenant market' every year or so.

I'm using 7% in my analysis for combined repair and CE for now to be conservative.

All such plans will allow for real estate holdings, but have different functional characteristics and you will want to choose the correct platform for your situation and needs.We have many clients taking Minimum Required Distributions from IRA and 401k plans.  

Now, another theory is when rents become an obligation of a servicer or escrow function.

If I agree with their finding, I sign off on it.To note the original condition, I use the abbreviation C & F (clean and functional) on every line item.

They are to be outside all sleeping areas and must be tested yearly using the test function on the detector.

i am looking to replicate QB functionality of taking a downloaded bank transaction for rental income or repair expenses, and categorizing the transaction to a particular tenant/vendor and a particular property similar to the Class function of QB. the rep showed me the accounting module and acknowledged lacking this feature during the demo last week.