I just started getting into this space and I've been trying to discover the best way to find sellers who are motivated.

I'm currently exploring real estate investments, which led me to discover Bigger Pockets.I'm new here and just exploring to get a sense of things.

I was under contract to buy a house and the title company discovered bunch of liens few days before closing.

I researched this segment to discover what types of properties they preferred and where they lived.

I'm passionate about learning, sharing experiences, and discovering new opportunities. 

I discovered this deal through my network of local real estate contacts who informed me about properties with development potential in Morganton, NC.

& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.

This may actually be the best method to prevent the sale from being discovered, but of course there are other potential pitfalls.Under federal law a transfer to a trust where the grantor retains the beneficial interest WOULD be exempt from the DOS... but notice how in the context outlined above the exemption would disappear.

I've never done this when applying for a new card BUT I've found this department to be generally helpful and you may be able to say - Hey Amex, I qualify for this offer for a new card with Discover, I'm a loyal Amex card holder, is there any kind of retention offer you can make me that would come close to this Discover offer.

Bouncing payments or only being an illness or accident away from notbeing able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter ofexplanation (LOX).