As far as I know FHA is only type with that stipulation for “intent” to live there after discharge/retirement.

Filed chapter seven last year, included the house (surrendered) and was discharged Nov. 2017. 

The project has been appraised before built and out of the chute will be worth $6.2 million.

I do not know about discharge rating. 

@Joel Florek the living people are the ones you need to be concerned about infecting you; no special cleanup is necessary, there may be a small amount of discharge (urine/feces) after someone passes.

Your seller needs to have that lien discharged from the subject property in order to sell it, and even then in all likelihood the IRS takes all the proceeds.

I had the misfortune a few years ago of taking a $20k a year pay cut after being discharged (honorably) from the Navy and going through a divorce in the process.

I'm aware I won't be able to get a conventional loan with the IRS lien on the properties and that a certificate of discharge more than likely wouldn't happen.

For discharge income: If debt > FMV = there is a debt discharge incomeIf FMV > debt = There is no discharge incomeSo, there might be two taxable gain/income Normal capital rate gain or loss: If basis< deemed sale value (lower of the FMV or debt - as mentioned above)- there is a capital rate gain.

Six other small things like working smoke detectors, and replace windows here and there2) 2009, $0.00Code 169017 - Repair or replace house drain to receive and convey discharges from plumbing fixtures to sewer.3) 2013, $0.00Code 169017 - Repair or replace house drain to receive and convey discharges from plumbing fixtures to sewer.