@Sara Emmanuelle Dube too often, sellers of "turnkey" properties do this:( The way to address it is by having the seller personally sign reps & warrants, making them liable for this.

At least half of my clients are high-income W2 earners who are interested in the tax advantages of STR + REP Status + Cost Segregation.

Strategies like REPS and short term rental loop hole can be complex and expensive to get wrong from a time and money perspective. 

Their reps are very knowledgable. 

I found the ways to secure my interest and prevent underhanded moves by sellers in liquidation business, but RE is a whole different animal that I don't have as much experience in.Now, here is the dilemma: in order to be most efficient and get a good rep as a wholesaler in the eyes of the sellers, you should be able to CLOSE every purchase contract you sign.

The Intuit rep indicated that we would be cut off if we let our annual subscription lapse.

I will say REPS is one of the areas of the tax code where it is very costly to get wrong.

It's all done by email, you'll never talk to your rep or processor by phone and if your loan officer or processor is bad at they're job getting a loan closed can be a nightmare. 

I'm looking at various markets and simply trying to get the reps in to see if anyone can poke holes in my novice deal sheet.

Yes, I've already spoken to the reps from BP and they told me about their approach to the search.