How you unwind this if you want is beyond me and I too am interested in J Scott's resolution with the IRS.

It is worth getting an attorney involved and discussing the intent and allow the attorney to help draft needed paperwork and perhaps resolutions and manager contracts to ensure the protection is sound.Most mortgages have a Due On Sale or Alienation Clause.

Can't speak for other boards of HOAs but ours has the right to pass "resolutions" with a majority vote of the board.

Same resolution approach, posted on their facebook wall and someone in Oklahoma called me and expressed that it was somehow an "honest mistake" and took care of it.

This avoids a dispute later when the tenant says "yeah, I know that lease says security deposit was $500, but it was really $1000, we just forgot to update the lease."

Don't ever waste your time disputing with the bureaus.

He's now disputing the demolition bill, which will be added to the tax bill.

If so, you need to know what it says.If I were you, I would not get involved with resolving the dispute between the master tenant (your tenant) and the subtenants.

In a dispute it will be assumed you have a superior knowledge over a non agent and it could be more easily construed that you took advantage of someone.

If no different, try again in 2016.I've noticed NO one has has disputed that we're going broke-lets' try something different.