After the 120 day redemption period passes, the IRS loses its right to reclaim the property.

An important consideration is the max LTV she's offering, points, general rates and financing periods.

If you have a net rental income then you pay tax on that amount, but if you have a net rental loss then you get to use $25K of that loss if income is less than $150K and the unused passive loss gets deferred to future periods.

My lowest monthly appreciation in terms of dollars is $2600/month over the hold period.  

He has a 5 day grace period before he is charged late fee.

You can track mileage.It creates a great P&L and makes it easy to transfer expenses and income to Turbotax.Available as an app, too and new functions added periodically.

(Heres a stat...that we all love more).I had a moment of weakness period in which I sold both his book(investing) and SABOR prep for real estate exam from trec(Agency).The numbers were too long but at the bestseller bookstore.

Seeking advice on how to formalize an agreement with a partner to flip a house together and how to hold title assuming that we would not be creating an LLC until after a "trial period".

My own belief on RE is that we are in a more challenging period than 2012 to 2021 largely due to rate hikes.  

However, we are unable to wait the seasoning period for now and therefore prefer to sell.