Tenant is scamming you, but if the lawyer can write something that says you are not admitting any liability and this is a one time thing, perhaps. 

The city approved rental license inspector essentially just tested to make sure there was access to hot water, access to heat, no unsafe conditions like exposed electric wiring, CO/smoke detectors present/functional, fire extinguishers present/not expired, etc.

Even if not, the writing is on the wall for more regulations for everyone, if they approve these.https://www.coasttv.com/news/ocean-city-council-to-discuss-r...https://www.oceancitytoday.com/news/ocean_city/ocean-city-co...

Hi BP Community, I am writing this post because I feel like I have been stuck in expanding my current portfolio.

Maybe sit down and write out a plan with your future real estate investment goals and then plan from there.

Doesn't Buildium have an accounting function though?

The difference in being able to apply more money to the HELOC functions exactly like making a big chunk payment to a mortgage, which significantly reduces the interest accrued over time. 

If my AGI is over the $150k (not including husband's income) do we not qualify for tax write-offs/deductions?

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

@Marcus WelsonTalk to your cpa but I am 99% sure you cannot write off that debt - as even though it’s assigned to you - you did not pay for itFor example I cannot buy a $500,000 mortgage that was lost to a tax lien for $10 and then write off $499,990 otherwise I know a lot of people who wouldn’t pay any taxesI could write off the $10 which is what I paid for it