If you have a DMSH election in place for the tax year and the total expenses allocable to the HVAC subsystem are more than $2,500, you would capitalize.If there is no DMSH election in place, you'd apply the betterment, adaptation, restoration (BAR) tests to make an expense vs capital expenditure determination.Either way, if the allocable costs are capitalized, my firm takes a partial asset disposition for the old system, which helps.

They also get substantial discounts on materials and things like HVAC systems and roofs.

I myself am anticipating 100% non-payment on my rentals.More food for thought: Looking into past pandemics such as the 1886 Small Pox, it wasn't the first wave (the one we are currently in) that was the largest problem....it was the second wave that crushes the medical systems.

My fear is that they know how to "work the system", and find a way to screw them over even more. 

I suggest you and everyone else that might wonder why this is a serious safety issue read it.https://deltaplumbingatlanta.com/news/the-danger-sewer-gases-present-in-your-homeHere is one quote from the link for anyone that won't bother to read it:"Gases that originate in your home’s sewer system can lead to explosions in the house as well as asphyxiation and even death for anyone inside."

The banking system is extremely healthy now. 

I have come up with 1) adding a dormer to raise the ceiling, 2) sprinkler system 3) opening up walls on the main corridor so its considered opened though I'm not 100% this solves my issue and 4) completely fireproofing the main corridor.

Systems here are slow.

Systems here are slow.

We started this with a very fragile financial system and the oil war may have been enough to pop the giant global debt bubble by itself.