Thank you for that clarification.
Yes, your observations are spot on as it relates to the size of the special assessment and its reflection of other issues...suffice to say that this is the result of kicking the can down the road for too many years. But anyway, one last question. Should I enter this special assessment on my Schedule E as its own separate misc expense, or should I bake it into my regular assessments which is considered a management expense?
Thanks.
