Assuming  this revenue ruling still stands, it mirrors the SC situation nicely, meaning it would support your acquisition date of the real property not starting until you have taken possession.I think this would be highly dependent on the terms of the local jurisdiction as well, so what might be correct in one jurisdiction, could be completely wrong in another depending on the rights acquired related to the property.But happy to be pointed where I am wrong!

If she pays up, she is back to being a "tenant in good standing" under the lease.

With the numerous physicians that reached out to me I finally decided to open my own teaching academy mostly geared towards healthcare professionals on how they can open their own RAL homes and serve their own communities wherever they may live.

Long story short, I put my binder down, told my wife to hold my phone and stand back.

I do have a failure to take occupancy piece in the lease, but the wording in it really is more geared towards a 12 month lease.Thanks for your advice!

With the increased competition among sellers, it’s crucial to prepare a listing to stand out among the rest and work to address buyer objections prior to going on market.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $470,000

Sale price: $470,000

•Offered at $470K
•Market Value $648,206
•Median Sale Price $540K
•Ready To Rent
If y...

Stand-alone Umbrella:  There are several companies that will write an umbrella policy without having to write any of the underlying coverage (home, auto, ...). 

As stated they took us out in the hall for "strategy" sessions that were geared towards finding out where we were financially.

So far everything has gone smoothly and they have a solid operation and stand by their work.