I am planning to offer an equity position to a friend in a property I am currently in the process of refinancing.

End of the day real estate is a relationship game and nothing can beat the human connection.The only thing AI and large data pipelines can really do is streamline an existing process that is working for you.

BUT we do not have to save the property while we process the appeal.

Talk to your CPA BEFORE you start the process.

In addition, if you're actively flipping properties in the area, I currently have time on my hands and I'd be happy to support you in one of your projects in exchange for learning in depth about the process. 

But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).  

If real estate is involved, separating it into its own LLC before the sale can simplify the process and make it easier to leverage a 1031 exchange.This post does not create a CPA-Client relationship.

You’ll need to handle inspections, work with housing authorities, and make sure your tenant screening process is solid.

Ultimately it is either a long process to get a check/fix, or they deny the claim.    

What is the 20% processing fee?