They should have just cleaned it up and listed it for 70k.

Sure it can be a write off, but my question is if it is the highest and best use of your time (or the given employees time) to be running a skid steer - transporting it, storage, maintenance, cleaning, etc, and if it still makes sense if you need to hire someone to run it for you and take care of the other things.Add up all those recurring costs - maintaining the machine, maintaining the trailer, having a large enough truck to tow it, insurance and registration for all of the above, your time or your employees time related to all of the above...even at $14k a year it might be attractive enough to keep paying that and having them drop it off at the job site for you.A brand new machine could easily cost you over 6 figures - that's 7 years of rentals at $14k/year before including all the holding costs. 

To date, we've cleaned up the title issues, maintained the land/property, and worked with the City of Kansas City to determine a new highest and best use based on the revised Midtown Plaza Area Plan.

At that point, it's worth researching and finding a solution that better meets your needs. 

I had to fix damages and clean extensively after she left.

I’m here to help with both insights and financing solutions!

I think you're gonna see a lot of deals underwater trading before year end, with banks trying to clean up their balance sheets.5.5% with 25% down is a very competitive rate.

@Shun Williams S8 is a tool, not a magical solution to tenant payment issues.You must understand that you are swapping one set of problems for another set.

There is barely a voucher holder applicant with a clean background.

@Chris Bauer Did you find a solution on this?