Very "Catch-22" of Baltimore City...you've got to hand it to them...they know how to troll landlords.

Even if you did not take depreciation, you owe the depreciation recapture tax.The IRS probably will not catch you if you ignore this rule and do not report anything - however by the rules, you should.

Have you taken a catch up depreciation (if eligible) against it?

Numerous properties have been catchIng my eye lately that either have pools or waterfront.

The catch is this - I recently took a new, higher paying job out of state, and the money from this program has to be used in NY.

You cant insulate over that type of wiring as it could catch fire.

(unfortunately to catch up taxes) but, they'll loan up to the actual current appraisal value.

Sometimes you can catch them at the right time where they will drastically sell for less after sitting awhile and most buyers have forgotten about them.  

That's their business model I'm sure... they're hoping to catch sellers at a bad time and get a nice deal. 

You will need to catch them up in the lie.My advice is move on, this applicant is too high risk.