Any body use them?

Regular quarterly reports are being filed, but the company at this time has no assets. 

Are there are regular networking events happening in Tucson that I can start meeting some of the Tucson investors in person?

The fees are getting closer to regular IRA's and the company you set up with will typically provide the administrator for you.  

Others in my area, regularly collect last month rent up front.  

Don't allow 3 adults but not a combination of adults and kids; treat all bodies the same and apply it consistently.

Not a regular CPA, find a CPA who knows/owns property!

However, maintaining a cushion for those times when all hell breaks loose (the boiler needs to be replaced unexpectedly and tenants forget that paying rent is a priority) will also make your life better and allow you to make better choices (as in do not rent to any warm body...an empty apartment is much cheaper than an occupied apartment with the wrong tenant in it).Good luck

Meaning I would have a personal capital gain of 750,000-453,000 = $297,000 Since I'm married this falls completely under the $500,000 exclusion.For the business capital gain it would be 750,000-453,000 = $297,000 Taxed at 15% capital gain = $44,550I also have a 'depreciation recapture' of $56,000 which I think is taxed at my regular income tax rate (28% federal + 6.65%) $19,404Generally curious to know if those numbers look ballpark correct.Some other specific questions include;1) Is the split between residence sale and business sale done at 50/50 or is is percentage based on living space (ie 30/70)?

Just get a 3rd party septic inspector in addition to the regular inspector.