Anyways, my opinion is that you are clearly an intelligent and motivated worker.

We have to do a calculation to see what your remaining entitlement will be and that will be based on how much your 1st home mortgage balances is as compared to the current Conventional Loan limits in the county that you purchase your second home in.

Purchasing a property in a place that one has zero connection to, no working knowledge of, and is dependent upon strangers with a profit motive to succeed is a terrible idea. 

Hey Chandra, applying part of the rent toward the purchase price motivates buyers by helping them build equity.

Likewise, loan points are amortized over the life of the loan and I have them in a separate sub-table of the fixedAssets, but unless they pull up the original journal entry you can't tell which loan they pair with, and it seems like a stretch for the CPA to track down that the loan was refinanced and hence all the remaining depreciation should be taken now. 

Isn’t it crazy how there are only 4 months remaining until 2025?

After 6 years, you still had $8k of the roof remaining not depreciated.

We had a Ranch in Northern CA and there was an old CC camp about 3 miles up the canyon from us.. some of the infrastructure still remains till this day.. its now a public campground.

Mortgage stays in seller's name but is paid by the buyer through a promissory note (aka contract)Mortgage Balance: $102,000 Interest Rate: 4% PITI: $531/monthSELLER FINANCE PORTION: Seller Finance: $300/month to seller for 53 months (4.4 years) = $16,000 Total House Payment: $831/month (PITI + Seller Finance)NOTE about CLOSING and seller: Seller would like to remain in the house until November 12th, 2024.

When making offers, it really comes down to the seller and what will motivate them to sell.