Indeed, petitioner's arguments for deductibility strike us as erroneous and just plain nonsense.

I didn't purchase the property at auction but I am curious to find out how the IRS gets their guaranteed bidder.The property sold at auction for less than what it was purchased for as new construction in 1997...it was a good strike price.

Striking resemblance to napolean hill

If the property is a problem, they'll be happy to tell you about it.Nat, if the tenant is a good one and communicative, strike a deal to have her get the bids for you, show the damage...and give her a percentage back on any savings towards her rent.  

Never let the fear of striking out keep you from coming up to bat." ~ Babe Ruth

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I'm trying to strike the right balance of someone not wasting time but also not overcharging for an application -> if I charge $25 for the application and TUSH charges $40 for the background screening, i could see an applicant shying away from that kind of entry "fee" or being genuinely upset if they aren't chosen from the get-go.

It seems like I'm striking out on opportunities.I was trying to find a developer and purchase/ build but maybe I should just find a realtor?

That's not an under the belt strike, its just the reality.