While it could be distributed, it will come out as gain as well; (3) there is no "step up" in basis at the death of the shareholder, except as to the basis in the S corporation stock (which is not depreciable) - thus, the surviving spouse can re-set the basis and re-depreciate the property (or sell it and recognize no gain).Most investors I know either use trusts (a discussion of trusts is beyond the scope of your question), or LLC's taxed as partnerships when investing in depreciable property. 

It will function properly until you plug something in that must only go in one way, and could also require the neut at the neut location.

A functional, dug-in trampoline might also be an asset when trying to sell a home but this pit and frame were old and broken, and I think the firepit conversion added way more value for the average buyer. 

Class B buildings should generally not be functionally obsolete and should be well maintained.Class C.

I was hoping to get some perspective/advice on a partnership offer.  

gm brent....happy monday...I haven't chosen yet...I will crunch all of my numbers, using BP analysis...and factor in any expenses I hadn't thought of that you all are providing to me (I'm truly appreciative)...I just don't feel comfortable asking a friend to lend me $ when I haven't figured out how to repay her...So far, these 2 options I've are all that I've come up with...1...promissory note to pay back over an alloted amount of time2...ask her to become a partner (but I haven't figured out what the partnership will look like)She's in California...I'm here in missouri...I will purchase here in missouri and be in the trenches with the rehab...

Question is which one are comfortable with in regards to cost, functionality, end user experience, customization & integration options, API availability, etcQuick & easy is Podio app basic Webform using Globiflow automation tools.

Tenant must test smoke alarms every 6 months and notify landlord of non-function. 

A partnership should be well balanced (one person is pulling it back and reserved and the other one is aggressive and helps to push it forward). 

And this is where I am stuck---- can anyone walk me through how you have structured your partnerships?