Recently  she went to wayne county treasury to get the home in her name but just like her i don't know all the proper steps to make sure she has the right to do a quit claim deed. i just know she wants to be done with this and move on with her life.

The reset rate for next 5 year term is 5-yr Treasury + 3% with ceiling of 8-9% (depending on loan).

SandyThis is from the Cuyohoga County Treasury site:Taxpayer InformationThe Cuyahoga County Treasury is not selling the property, only the delinquent taxes.

It appears that with recent LIBOR increases long-term rates may finally trend up.In the last 90 days, the 10-Year Treasury has wavered between 2.05 percent and 2.45 percent.

However, I would recommend getting a second opinion from your CPA (partially because Treasury Regulations can change things, particularly definitions, even after we have the new law in the book).

Treasury Department and Internal Revenue Service are working on QOF guidelines and regulations.

Has anyone purchased property the the US treasury seized from people.

A small amount of paperwork had to be sent into the treasury division of my state.

Especially with only 15% down.I've been seeing 10 year interest rates creeping higher and higher above 5% over the last few weeks.   10-year Treasury is at 2.77% today, so even 5.10% is only ~230bps.   30 year amort is also becoming increasingly scarce on smaller deals.  

@Lauren Keen I am not sure one way or the other if you can take the deduction since I don't have all the facts, but I can tell you that the real estate professional designation is not a requirement to take the home office deduction with respect to a rental activity.There is nothing in §280A (the home office section in the tax code) that mentions being a real estate professional is required in order to take the home office deduction for your rental activity.However, in addition to the rules regarding the space itself, there is the requirement that the taxpayer's rental activities rise to the level of a trade or business, which the Treasury has conveniently never defined for us.But it seems that rental activities would rise to the level of a trade or business if the activities are substantial, regular, and continuous.However, there is a case, Curphey v.