Hope this helps!

This creates a negative initial position.

How are you feeling about filing your taxes this year?

View report*This link comes directly from our calculators, based on information input by the member who posted.How can I get this to Cashflow?

Is this property in Dallas? 

Did AI write this post?

You really should talk to a CPA and show them the details of this property and how much depreciation has already been taken on this property. 

If you are managing this yourself, you are off to a great start.

However I have done them in multiple States including Pennsylvania and South Carolina, and what I can say is that it is a tool in your tool belt. when you come across a deal that makes sense to make this type of offer you can do it. the laws in your state make it difficult for you to do these types of deals I suggest either don't do them or pick a virtual market in which you can do these types of deals.

This is the kiss of death shows up.