Hi There, I am looking to purchase my first rental investment property, and I have found this great property in Jersey city, however, i am tempt to submit an offer without understanding ahead of time if the builidng have any open liens or violations. 

i am not afraid opportunities and know that I’ve grown and evolved even only submitting the few offers I have.

i am not afraid opportunities and know that I’ve grown and evolved even only submitting the few offers I have.

What are the minimum details I need on his receipt in order for me to submit it to the IRS?

You submit the form for the purchase price and the assessed value resets in the next year to the lower amount.

@Adam Lacey you should get yourself pre-approved so you know what your actually capable of buying before you go submitting offers.

They work for the bank or government entity.If you want to put in an offer, you have to find a local agent that will submit it for you.Are you paying cash?

If the offer has a financing contingency I would be shocked to learn that it also didn’t require something to the effect “... application for financing shall be submitted to the lender within X days.”  

I saw in my loan docs that I'm supposed to submit quarterly financial reports to them.Can someone help me figure out how to structure my report or what they are looking for?

I have had preliminary discussions with the owner (he is 75, property is owned free and clear, has no direct heirs) but have not submitted an offer yet.