It’s an incredibly powerful way to get cash-flowing assets under your name with little to no funds out of pocket.Trying to use it without being an owner-occupant is equivalent to wanting to have your cake and eat it too.

I like to keep things as simple as possible, but I was excited to dig into this one because knowledge is power, and the better we understand these things, the more we can use them to our advantage in real estate.So here’s what’s happening—your CPA is basically saying you’re already showing a loss on your taxes because of all the expenses that came with closing, insurance, HOA fees, etc.

Staging the backyard with a pristinely clean pool (no photos of the power lines!)

With your income, you may qualify for an FHA loan with a smaller down payment, but buying now could limit your borrowing power and increase monthly payments.

Here are the steps:Contact your local county assessor’s office to obtain the application form.Complete the form with details about the property and the transfer.Submit the application along with any required documentation, such as proof of purchase or transfer.Follow up with the assessor’s office to ensure your application is processed.ConclusionThe ATI Exemption is a powerful tool for property investors in South Carolina.

To me, the answer depends on both the property and what are your super powers--i.e. where do you have a competitive advantage? 

Added fencing and power to the garage for garage door openers.

With strategic upgrades and efficient project management, we turned this investment into a profitable success, showcasing the power of smart renovations and market expertise.

It can be so powerful moving forward. 

In CA this would hold the property in limbo.In CA the buyer has a position of power due to the seller not being able to sell the property if it is under contract.Good luck Dan  just a minor correction the seller can sell they just cant use the same title / escrow company were the deposit is they simply have to go to another title/escrow company.. the buyer would have to sue and put a lis pendense to stop a sale but who is going to do that over a EM deposit that is probably 2k or less..