There is a principle with real estate ownership that you only have the rights to property that you work to protect.

It essentially allows them to pass the financial responsibility to someone else without going through a foreclosure or short sale process.How Banks Get Involved: Typically, in a "subject to" financing deal, the existing loan stays in the seller's name, but the deed transfers to the buyer, making the buyer responsible for the mortgage payments.

If you want to change to cost seg allocations in 2023, the 3115 essentially calculates what amount would have been taken in prior years had the cost seg allocation been used for those years, then it backs out what was actually taken to arrive at the catch up amount (called a 481(a) adjustment).

We have tried brainstorming everything from purchasing the Phoenix home and keeping the mortgage as is in Washington (essentially a family estate), renting it out and using that cash flow to pay for the Phoenix house and trying to break even that way.Thank you for reading this and taking the time out of everyone's day. 

******************************************So, essentially as a market rental, you'd be investing your $461k potential cashout @ 4.4% or less.

As we navigate the uncertain waters of 2024, it is essential to draw lessons from the past while remaining agile and forward-thinking in our approach.

Lost days of work, had to cancel concrete trucks, etc...But I get the concept and agree in principle....but only for really important and potentially dangerous stuff...you wouldn't believe what I've seen out there.....

Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.

Essentially it would be supporting the owner to manage their property, and steering clear of any activities that we see as being clearly licensed activities - negotiating, taking payments etc. 

Michael, I believe it's against the "code of ethics", which, essentially means nothing.