They are working on the DPOA with the attorney on staff at her treatment facility.

She would then lease them back to the builder, and once they were completed, she would realize a great profit, because her properties were the model homes and people loved them since they were already upgraded (window treatments, wall paper, upgraded flooring and counters), so they always sold within a day or two of being listed.In one development she bought three condos and when she purchased each of them they were about 90-100k a piece and the builder leased them back for almost double what her mortgage payments were, and once she sold them, she made at least 10-20k off of each of them in just the time for them to be completed as they appreciated pretty well and fast.So, in respect to what you are saying, if it's in a relatively desireable neighborhood, you are correct in that lot of people love new builds.

Therefore, the real estate is inventory to your business, and as inventory upon sale it is taxed at ordinary income rates (not capital gains).That is not a problem for your business; that is the correct treatment. 

He said common water treatments would cause the plastic to become brittle and cause problems. 

Building more than two units per lot requires extra storm water treatment and adds more design, review, and construction costs  From what I can tell, other builders/developers in the area have built two and three unit town-homes that do not have HOA's.

They won't care if an account is off by $3- they will want to strategize, look big picture, know tax law in depth, and their biggest concern should be the your taxable income, treatments, and filings. 

That would be WAYYY too much of a liability for the government to be responsible for their treatment of the property.

Texas is a dual action foreclosure state.. they can and do go after deficiency judgments .. and the only way out would be a personal BKYou want to be in talks with them and negotiate out if your going to just try to short sell the property.. now during the financial crisis the fed's stayed the deficiency judgment rules on mortgages .. maybe they will do that for flood victims.. although it might only be owner occ's that get that treatment as investors are in a different class .I would also caution you on getting a lawyer that could just be throwing good money after bad..

These will not qualify for 1031 treatment.  

Occupational Therapists often have a treatment plan which involves therapy animals, and I would have very little doubt that the courts and regulating agencies would side against a landlord on reasonable accommodation based on an OT not specifically being mentioned in the guidance memo.