Having to buy another primary residence, to avoid tax on the gain of your current home, has not been a requirement for over 20 years.Assuming it was your primary residence from the beginning, and you have not moved out/rented it for more than 3 years, you gain is exempt up to $250k filing single and $500k married/filing jointly.

I'm concerned about the impact that filing a claim would have on my insurance score and premiums for this property and other rentals.

I tried looking into it from the forums, but the financial advisors I found start off at 10K-- we are not earning that much that it be better if we use the 10K to pay some of the principal of our mortgage.

However, Technically you should have filed partnership tax return where he would have recognized his portion of yearly activities and sale at the end.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

They filed her schedule C and E flipped.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck investing.

So new kid that bought his system was offered a two hundred bucks MF that was normal appraised for 150k only lol… and expecting that market would just grow , the system is working in 2009 though same thing to what Greg Hugher did in other bankruptcy filing lol

So I need to file the Statement of Claim, and have questions about the form and process.Do I complete the form, have it served to the tenant by personal service, then file it with the court?  

After 5 years, I will have only paid interest, the principal will not have changed.