In the paper (in Houston at the time) you get a lot of calls from people who might be 50 miles away and dont' recognize the name of the subdivsion.

Any good accountant should recognize that expense is being double counted. 

The key in both cases is that the client executes the sale (which recognizes the gain although the claim is that the gain, not the depreciation recapture) is deferred by the installment sale and paid as proceeds come in from the sale.One of the loudest arguments I've heard is that the deferment will be up to 30 years. 

To start out with I have to give a disclaimer, that the following is based on NC Law- which may or may not be the same.In NC two people doing business together for a profit is legally recognized as a Partnership.

Land trusts are only recognized in 4 states FL being one of them.

However, while I stare this I use professional PM on my STRs/MTRs because I recognize I do not have the time or desire to properly manage them.  

If you can recognize that, then you know how to fix it for the future.

Banks do not want people to borrow the money and gamble it away at a casino.

How about some good stories: won a bunch, lost a bunch, anything funny to help get me in the gambling mood?

Appraisers analyze the mark data, apply recognized techniques and approaches, and reconcile the values indicated by the developed approaches to an opinion of market value.