The IRS will recharacterize based upon your prior actions.You would have to accurately document the reason for the change in activity with the property.

If you get injured during a workout we get you back in action quickly under one roof!

You might like some of these REIA's:Black Belt Investors - NorcoSan Fernando Valley Real Estate ClubClub In Action - BurbankCommercial Real Estate Investors MastermindSam's Real Estate ClubBest LA Real Estate and Investment ClubFIBI-PasadenaInvestCLUB LA by InvestCLUB for Women, but men are welcome too. 

Unless you can be pretty certain he'll move when he says he will, you need your back up plan in action.

In act, I hope the banks have learned thier lesson and will never again be giving away money like they did the past couple of years.

Bringing it to BP is great for advice on in action problems.

As I understand it, and again, I'm not an attorney, the landlord is not obligated to pay for the tenant's property in the event of a loss stemming from the property - so long as the cause of the loss is not as a result of the landlord's actions (or inaction).

Real Estate Lisence, but I am currently inactive.

Yes, I know my header says Utah but I was and still am an investor(trying to totally retire) and am currently an inactive broker with a lot of experience in the greater S.F. bay area, from Santa Rosa to Gilroy and fromPacifica to Stockton, and sold many properties in Vacaville and Fairfield.

The property is currently in active foreclosure, and the reinstatement balance before the bank can consider doing an assumption (both of us are service members) the reinstatement balance is 6K,  so here goes the numbers.Balance on Property: 88KHome Value: 98KPossible Equity: 9KMarket Rent: 800-850 Other Fees To bring Account Current: 3200Potential Cash Flow: 104I have the home under contract, is their any life in this deal that my eyes are not seeing?