Technically right now if he is the only one making the payments those are capital additions to the partnership.

Most of your needs from what I can tell have to do with technical answers regarding the tax status and flexibility of your current qualified (tax favored) retirement plans.

They are deductiblein the year in which the property is sold.Chris Masons,That is interest on $1m in Principal.Bill Walston,AMT technically only eliminates non acquisition/improvement debt.

Welcome Joey, try the Ultimate beginners guide here, it was just posted.Beyond that get a good foundation to build on before you select any strategy like you state workbook text for real eseate agents, it's full of the basics and technical matters you need to know before following any method.

But remember, technically you can't even talk terms to the buyer, only the attorney or mortgage originator can do that.

I'm still technically schooling though, so they SHOULD be delayed.... but I've still been making very small payments on them in the meantime.

I know technically that unless the estate falls under the jurisdiction of the probate court it is not a official probate lead.

Since you are not a borrower, your credit is less important and technically should not breach bank policy.What is the seller willing to do, anything besides a cash sale?

Technically, I could expense the unclogging of the drain line while capitalizing the kitchen remodel.

technically, I can walk down to the Sheriff's office - rental agreement and 30-day notice in hand and have him evicted on the spot for tresspass.