If a TIC qualifies for the QBID, it implicitly has risen beyond a mere investment to the level of a trade or business and thus a 1065 should be filed.Agree with Lance that you'll want to consult a tax professional. 

Is a shame how many of us trying to do the right thing and to have sense of community and good relationship with people has shifted just to "is just a merely business and all tenants are not worth it".  

In California my homestead exemption is a mere $75,000.   

You'll better serve your Father by looking at his business from a strategic perspective rather than merely adding technology and automation. 

The seller's asking price is merely a guideline, not the sale price.  

you can ie. tell the seller that's your fee, OR merely tell them that's ur construction draw on the house. 

It sounds like you are angry at two Realtors who are merely performing their fiduciary duty to their clients.

The last quarter (annualized) is 6.7%.The fundamentals and economics are strong for Orange County, however, from an investment perspective (and what we advise our clients), your investment capital can go much further in other markets that have similar or better appreciation potential, while being able to generate positive cash-flow while owning more properties with less land-value risk (depreciation).With a median sales price of $585,000 and median SFD rent of $2,350, the rent-to-value ratio is a mere 0.4% -- far below our minimum target of 1.0%.Thanks Karen.Continued success!

This merely because as i am sure most of you have experiece tenants tend to want to leave the properties dirty and always seem to balk at the deductions on the deposits.  

Thanks Joel, I am ware that the list broker and agent here have no faults for their seller's lack of disclosure, I am merely speaking to them, placing them on notice and delivering a cancellation of escrow and demand for refund in writing to provide to their seller.