Business Profit Motive:To claim deductions related to your YouTube channel activities, it's important to establish that you are engaged in the activity for profit, not just as a hobby.

So in truth, if a person has potential for a claim, and does not engage in it, your just shooting yourself int he foot because your going to be paying for it and not receiving the benefit. 

Did the buyer engage a surveyor to perform an ALTA/ACSM survey?

Madsen is an excellent presenter and really knows how to engage his audience.

A reliable tenant is someone whoHas stable employment in a market segment that is very likely to be stable or improve over timePays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsHow do you find a segment with the highest percentage of reliable tenants?

Know the law, obey the law, treat people honestly and fairly.Anyone can sue anyone.. but most tenants don't have the money to engage in litigation.

$5-10k prices reductions tell me sellers aren’t very experienced and just hoping, so as a buyer in this market I wouldn’t be eager to engage.

You need to show that you regularly engaged in a trade or business as it pertains to EACH and every property.

I don't have a formal  engagement letter with the accountant.  

If an LLC engages in illegal practices, the owners can be held personally liable.