They are deductiblein the year in which the property is sold.Chris Masons,That is interest on $1m in Principal.Bill Walston,AMT technically only eliminates non acquisition/improvement debt.

If the gummint wants to eliminate the profit motive, they are sure doing it.

Also, the unit is carpeted so I would imagine the carpets are saturated with it.If I buy the place and rip out all the carpeting, clean the walls and ceiling and completely re-paint, will this eliminate all traces of the smoke?

I'm using a postcard on cheap2mail that offers an ebook to absentee owners called The 5 Little Known Ways to Eliminate Tenant Hassles Forever!

The Home is worth for sale for 150k And worth 280k-340k ARV...every other house next to it is worth close to 400k...If I ran all the ground work and presented the deal on a silver platter for the buyer to just sign and buy STILL CHEAP...With out dealing with the extra BS in certain sense it will become a FSBO after I lock up the deal and prepare to sell...Isnt That the purpose of a wholesaler To eliminate the head ache for the end buyer and get them cheap houses?...

Eliminating the cause of the humidity will help prevent reoccurance of the problem.

As for the trenchless repairs, I once saw on a television show how they were repairing lines in NY using some type of material that is sprayed into the old pipes and basically forming a new one, eliminating the need to dig up the roads, etc.

Why not just eliminate the lender from the offer?

Dodd Frank and the CFPB regs have made seller financing to owner occupants way more challenging and risky, with some investors completely eliminating this strategy. 

The jack under the house does look shoddy, but I don't know that it's a reason to eliminate a purchase.