Now, if for whatever reason this was a fair allocation, and the 5-yr property indeed lost 90% of its value while in our hands - then the impressive tax savings they boasted about would be valid as well. 

Of course, the tenant didn't want to pay for them, but lost in court. 3) Use this same language for ALL appliances: stove, fridge, microwave, dishwasher, washer, dryer, window ac, etc.

My dad had died, my husband lost his job, Cascade said we could do this to keep home and we thought would be added to loan.

Also, you can always call the realty offices and ask who the most investor savvy realtors are on their team.

I like the team approach these days get on a team and get paid to learn the bizz.But RE sales is not for everyone thats for sure..

I'm also team MTR. 

The property sells for $80k but the taxes owed are only $7k, that means the buyer who bought the property from the heir and then LOST it at tax sale is due the difference of about $73k which is a $63k PROFIT!

However, for example South Carolina, wholesaling and double closing are now illegal because the intent is the same.My team has funded a few of those. u a wholesaler? 

Thank you BiggerPockets team.

A massive renovation in your first deal isn’t always the best option because you’re learning and building your team and developing connections.