Did not see it a while back when I was looking.

Almost as big a deal back in the day.

If that is the case, do we need to go back and correct the last 6 years of taxes, or can we just start doing it right this year.

Quote from @Josh Bowser: Gang - I love the back in forth on this thread and looks like this post keeps getting responses!

Purchase price: $255,000 Cash invested: $60,000I bought a condo back in 2019 in Ashburn, VA as a rental property.

we would have paid the 10% deposit and have had zero legal recourse to get the money back.

Possibly break loan covenants and can't cure default, lender takes back property.  

The mortgage is $1400 and the house is worth $250k.I did tell him if it is okay for him,I could take up the mortgage and he says he would get back to me as he also as a brother and uncles to talk with.The house is close to my work place as well.Please, does anyone has a thought on this?

.--- Another lawsuit resulted from owner's contractor taking down basement handrail to get supplies down the steps, then they didn't put it back and tenant fell down the stairs.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?

I was chatting with some of my lending buddies at big banks and they are all backing away from the CRE space including office because operating costs are increasing more quickly than rents.