If I'm not mistaken, the meetup has been postponed until the 29th.

The granddaughter should contact the bank to see if they will delay, postpone or cancel the auction if she probates the estate with the intent to sell the property and pay off the loan.

I'll give you 10 to 1 odds the property you want gets postponed.

Currently I'm trying to get all my ducks in a row such as entity formation, talking with realtors/property managers about fine tuning my niche market and, of course, furthering my knowledge base, but I'm worried I'm gonna make myself too busy with all that stuff and postpone actually finding and executing a deal to start creating some income.

Like 30% of properties get postponed, another 30-40% are bought back by the bank holding the mortgage (these usually get listed on MLS) and the rest are sold to investors.

@P.Martin this isn't lowering my income, it is postponing if for one month to put it into the next tax year.

But those who buy at courthouse auctions, such as a sheriff sale or tax deed sale, would advise that paying for the search on all properties of interest would be a lot of money spent and possibly for naught - the majority of properties that are listed for sheriff sale or tax sale end up being postponed or withdrawn so that you never even get to offer a bid.

The IRS rationale for the constructive receipt doctrine is that the income is available to you and therefore you cannot postpone the income recognition.

I have some tenants who believe the 5 day grace period before late fee is added is a rule and that they should postpone up to the day before the late fee almost every month and mowing is not their top priority, but I guess if that is the worst I get, I'll be happy.I hadn't really considered M2M leasing agreements for ease of removing "non-performing tenants" (did I just coin a new phrase??)

I would say extending the lease amounts to postponing the issue, even if she pays more rent.