Is this common practice?

Other questions folks might ask you is, whether it's just porches and common walkways, or also the parking area, also sidewalks, etc.I only say this because I've had "misunderstandings" a few times over the years about exactly which snow was going to be removed :-/

@Eamonn McElroy is right, don't rely on an accountant to discuss legal liability, and don't count on me to give tax or financial advice (by the way, I'm not providing legal advice here, just sharing some common practices). 

I'm a new member who has been battling the all to common question of hold vs sell.

The place is in good condition with not much clutter and no clutter in common areas. 

You can avoid massive headaches and costly mistakes through some of the advice and experience on here, there’s plenty of pitfalls we made that you can avoid by reading and asking questions. 

I spoke with a long term lender and they discussed they see no problem with the numbers and the example is very common, but is there anything I am missing?

Thanks in advance A joint venture partnership is a partnership between two or more people who want to combine forces to attain a common goal.

No common areas that use water.

Go with the most commonly occurring (the mode)?