Good outline Brian!

The IRS has offered a safe harbor for reverse exchanges, as outlined in Rev.

Phillip, finding out about their policy on the security deposits is this something that should have been outlined in the contract?

Did he sign an addendum to the TREC contract that outlined the Subject To ?

There are a few options open to you as has been outlined by everyone above.

I will be outlining the details of a current 2 family property I own.

But - you're basic outline is correct and hasn't changed much here lately.

When you have good ones though, they increase the value of your properties.Check out the landlord tenant handbook http://www.dhcd.virginia.gov/HomelessnesstoHomeownership/PDFs/Landlord_Tenant_Handbook.pdfIt outlines the procedures which you need to follow to properly evict a tenant.

The basic framework will outline any separate property and any community property.

With that being said, is there another possible method of outlining your potential goals other than using a business plan?