Thursday I completed a large rehab in mission beach on a small unit that was supposedly built in 1901 but I question if that is accurate (I have some belief it tax built in the 1920s, but records show 1901).  

I suspect $100k will be at least $20k short if your permits and fees are accurate and not doing owner builder.   

No idea how accurate that is, but I did hear it on the Facebook.

At the moment it looks more like gambling.

That will pretty significantly reduce the net taxable income amount.The net taxable income is then run through the trust tax table, which actually tops out at 37%, but on a graduated scale.Your vague "profit" number makes it impossible to provide an accurate representation in this scenario, but I suspect the net taxable amount would be considerably less than how you are evaluating this.

I know about the 70% rule but that's not always accurate in certain areas.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

If it isn't, then the amount they are charging is accurate.

Without payoff and lien info, this is a complete gamble for you, IMO.

My assumption is either they moved out before the eviction was finalized or they paid whatever money was due and the landlord dropped the eviction, would that be somewhat accurate explanation of how this "dismissed without prejudice" would appear on someone's record?