A roof or major mechanical replacement is not all the sudden less because the property costs less, so the % marker gets majorly skewed.When you inspect the actual property you will have a better idea of what to have set aside for Cap Ex and other reserves like repairs and vacancy.  

Don't make the mistake of thinking that flipping a house is all about the mechanical aspect- it's as much about the logistics, people management, design, and marketing.   

Or, in the case of moving money; he who controls the mechanisms by which money is moved wants to know why you're using his systems to move your money.  

The mechanism for taking unreimbursed employee expenses was on Schedule A of a 1040. 

However, with the normal wear and tear/ usage of the two main entry doors to the units foyer area, we have had more than 5 service calls on the locks (for batteries, lock mechanism not functioning, etc.) and both front door Locks have had to be replaced once already and I am thinking it is time to use a different Door Lock method. 

Hello Joo, Regarding your sewer line it sound like you need a mechanical sewer system.

This is a mechanism used to make sure general partners are aligned with the limited partners, but are not a good indicator of your true return, so I wouldn't put too much weight on this.

Some mechanics have a $40,000 toolbox full of all sorts of high and low tech stuffSome have a hammer and duct tape in a shopping bag.It's not always the right tool, but sometimes you may need to pull that one out.

Your wife is a US citizen and I assume you're classified as non-resident alien.Really this post is great to educate you on the mechanics of calculating taxable income for a rental property but it's focusing on the minutiae a little bit considering your personal situation.High level thoughts:-Does your wife have an FBAR and/or 8938 obligation? 

Mortgage liens will all go away as well as mechanic liens.