And God no I do not wanna file income tax amendments just to fool the bank, Can honest people find finance in the world today??

Another way is to get the actual costs, amend the agreed sale price, the note is 100% and the seller shows up with settlement costs, but the title folks need to know that as it effects settlement expenses.

Unfortunately I already filed my taxes, and my accountany doesn't recommend amending them. 

I'm a firm believer of the Second Amendment !

As a wholesaler you would have been classified as a dealer for ax purposes, meaning your houses are inventory and you should have reported your income and expenses on schedule C.Your schedule C $8k loss should have flowed through to your 1040 and decreased ultimately your taxable income.You can carry forward your sched C losses of your 1040 income goes negative.I think you should look at amending your 2013 return.

Our 25 page contract and amendments do not address this issue.

I thought the current mortgage could just be amended to put me on their, provide I have good credit etc...hmm..

I have owned the property since 2003.I do not care about the past several years lost depreciation and have no desire to amend those returns (it is not enough to make it worth the time and effort).I would also like to avoid having to file a 3115 at this time.

If they need more time, you could amend the contact to extend your closing date and the date on which the tenant must have vacated the premises.I would make sure your lender is aware of the situation.  

There are all kinds of rumors that have circulated, either due to lack of research, people believing what they overheard at a REI group, attorney's selling land trust courses, and now that 5 years has passed since the law was signed, lack of information on the details of what took place many years ago, in regards to the original bill and the amended bill.