(Note its typically reduced by the percentage, so as an example if you pay 90% - $90k for a $100k loan, and the UPB was reduced by $1,000 - you get a $900 deduction not the full $1,000).But let's take a deeper dive into a LSA and some of the key areas - Specifically the section called "Representations, Warranties & Convenants" For both the buyer and seller. 

Plus, the fact that you wouldn’t have to bring money to the closing table is a win—some investors have had to do that just to move on from a bad decision.That said, if you can hold on, cover the mortgage, and keep repairs manageable, it’s likely just a matter of time before values bounce back—especially with the projected rate cuts.Both options are valid, and there’s no right or wrong decision here.

Yes, I know bonus depreciation is 60% for 2024.My questions:1) Does this sound valid, or are there many more complicated steps for this to work?

I mean, I’m not gonna run the hills and cities claiming it’s validity however I wouldn’t give it one star.

If you are going to take on the extra work required by an LLC, make sure you have a valid reason to do so.An LLC is useful for two things: anonymity and legal protection.

No point in writing offers that have little to no success of being validated by the lender or appraiser. 

It would be like opening a restaurant that limited it's clientel to one generation.You seem deadset on it though and don't really want or need our validation/approval...best of luck to you....

However, for me, I would do NOTHING except issue them a lease violation warning and use their uncorrected lease violation as another valid reason to evict them.

I am contacting you to formally request validation of the alleged debt concerning this account and to inform you that I hereby dispute the validity of this debt.

Your lease was with the tenant, not that LLC and anything that LLC sends you might not be valid. 2: Your lease was with the Tenant.