I hope that's true because Block-head software instructions for 4797 is nuts.IRS: "If you used the home for business, you may have touse Form 4797 to report the sale of the business part". I

As a financial advisor if you were providing recommendations, I would make sure the sponsor has some type of Due Diligence report from Factright or Mick Law or another third party firm. 

The only thing I can think of is getting rid of the depreciation rule, but that's just an educated guess on my part. I

So long as you're able to discuss the situation with family and agree on a setup that suits all parties, I don't necessarily see there being a need to rush out the door.

Unless their brokerage allows for an intermediary relationship and then the agent represents both sides and can only provide facts to each party no opinions or additional information.

A crucial point for property managers to understand: If you release the credit report to the landlord, or any other party, you just became a Credit Reporting Agency under the Fair Credit Reporting Act (federal law). 

Let’s start with a few notable facts:26% of all renters in Worcester and 17% of residents citywide don’t own or have access to a private automobile.In downtown Worcester, 41% of renters and 38% of all residents don't have access to a private vehicle.Buses in Worcester became fare-free in 2020 and are currently slated to remain that way through June 2025.It's challenging to charge an electric car if you live on the third floor of a triple-decker and don’t have access to a driveway.Do people choose not to have cars?

Hi everyone, I'd like some advice if you wouldnt mind chiming in.After closing on our third home, where would you suggest we focus our future on?

I want to understand how many properties are bid on by third parties and how many revert to lenders.

So at the end of the day, you would just leave it as tenant responsibility and if the money stops flowing, then the tenant is still the responsible party.