If it stays status quo, I'm fine too. 

If you are making more than $150,000, your rental loss, if considered passive, will be suspended and carried forward unless you can claim real estate professional status.

Factor in things like credit health, de­bt load, and financing options.

There are lenders who will do the loan if no health or safety issues even with litigation (depending on the details). 

This strategy, if combo with REPS (real estate profession status) basically checkbox on your taxes is key to canceling out full-time W2 employment.If this is new to you... 

call county health department and verify that this is the rule.I have never heard of  3year inspections required by a county health department does not mean its not true but I would want to verify that. 

While I understand that some individuals utilize LLCs for anonymity, my primary goal is to prevent these properties from falling into disrepair or becoming abandoned assets in the city.Would it be appropriate to contact these lawyers to discuss the status of their clients' properties?

Anyways, my position got “paused”  and now I am being ignored about what the status of our flip is.

Our biggest employers is Atrium Health Wake Forest Baptist Hospital with 14,000 employees.

We were okay with paying a bit extra for something we love, but with the added complications of the undisclosed claim and the high insurance premium due to the property being in a high-risk status, it’s become a concerning situation.