If the tenant doesn't pay any outstanding items above the security deposit we file a judgement for the balance.

(1) $1.63M minus closing costs minus $500,000 (because we can take that as cash, tax-free, and it doesn't count as boot), with a loan of at least $450,000 b/c that's how much we had outstanding on the current property(2) Only the net (let's just say like $1M, forgetting about closing costs right now, just for math's sake), minus $500,000 (because we can take that as cash, tax-free, and it doesn't count as boot), so that's about $500k that must be rolled into the new qualified property... plus we need a loan of at least $450,000 b/c that's how much we had outstanding on the current property, so we're looking at a property of about $950k-ish(3) A totally different amountTHANK YOU

I do want to join a brokerage that has an outstanding training for a newbie like me to be able to duplicate myself with the top ranking agents.

They might have outstanding fees or expenses.

Would not trust this fleeting moment of happiness, must continue to probe for location.

As a company, we have an outstanding track record stretching back over 17 years of being able to accurately hit our projected rental ranges including over the length of ownership.  

@Allison LevineWhere in the foreclosure process is it and are you willing to pay the outstanding mortgage balance?

Makes small payments here and there but always has an outstanding balance.  

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.