,The time at which they are deductible will depend upon when the property taxes accrued.

Just out of curiosity, if the property is currently worth $81,230 but has an $89k mortgage and will require at least $12k in repairs (plus the cost of getting the non-paying tenant out), where's the deal?

Mike Nelson Out of curiosity, what sort of ideas do you have for thinking outside the box ?

So out of curiosities sake, since the timeline adds up with my current situation (deployment till september).

., original book or contract value plus accrued interest, plus additional deposits less withdrawals, fees and expenses, and other adjustments.The types of stable value investment contracts in which the PLUS Fund may invest are described below.Traditional Guaranteed Investment Contracts (“GICs”) — contracts issued by insurance companies that guarantee (1) payments of interest at a fixed or floating rate and (2) repayments of principal.

Frequently there is still a loss of capital when forclosing on a property, based on the auctioneer costs, advertising, public notices, the long time frame, legal costs, legal delays, bankruptcy delays, accrued insurance, accrued taxes, possible vandalism, condemned properties and declining prices.

Other options besides accrued cash and partner(s) with IRAs (assume Self Directed IRAs) could be 1) commercial LOC collateralized by LLC assets, 2) seller financed (seller carry-back) purchase loan.

If you go over your rehab budget, it takes longer to rehab than you estimate, you start to accrue interest on your lowes card and the property is not worth as much as you thought, how much money are you going to make?

I have both a website and a Facebook page for my business and I find that the Facebook is peaking people's curiosity about what I do.

I've also read posts about successful investors who only wholesale.Also out of curiosity, what area of Chicagoland do you live/invest in?