I am in discussion with a group out of California about some projects that are exclusively into “True Green” construction… Not the “fake” “Green” wanna be type construction… i.e.

Great idea, guess my concern there is fakes or lower quality alloys, not getting a good value, and then not being able to convince a buyer later that the stuff is good when I need to liquidate quick.

My two major concerns are the Federal and State bugdet and the Obama administration's proposed $2 trillion energy tax hike (cap and tax).Big Muddy is the economic anchor in the immediate area- so those employees directly, and the ancillary services that they require to run the prison prop up the median wages in the area to $33K +/- The other industries are obviously agricultural (dependent on energy for operation and transportation) and after that it's plastics / rubber at plants operated like Cooper Tire up in Mt.

Maybe landlords/property managers just don't care to be bothered with examining vet records (and what is to stop prospective tenants from faking a vet's report...?)

In this fake scenario, if you assume gross rent is 16k/year, the 50% rule would mean $8k would go towards costs.

If there is an attornet in that title plant they can do it.

The basement wall had a massive crack.The surrounding trees were planted too close to the house that they roots cause tremendous pressure on the walls of the basement.The house was built in 1960, 4 bed/2 bath ~2400 square feet.

With buildium, I resigned myself to setting up a fake property that would generate no revenue and just funnel the expenses there.  

It's easy to fake records but have never found someone that does that.

As @Jonathan Plant said - by default - you are a disregarded entity if it is single member and taxed as a partnership if it has more than one member.