Working with a CPA or financial planner can help optimize tax strategies and ensure the best approach for your goals.This post does not create a CPA-Client relationship.

I posted briefly about this back in July or August before we closed, but thought I'd write a little update because it's been an interesting ride. 

I love hearing new investor execution posts like this.

The highest value post-TDR use, though, is to go further and create "ecological mitigation" credits and then sell those, too.

The post i was replying to implied a serious crime rate in CA cities.  

We were lined up to have this project complete by August which would still be in the prime time frame for selling this house.TLDR of my previous post - I ran into troubles with my first flip which was going on at the same time as this project.I had to pull my contractor from this house to save the day on my first flip.

@Jennifer Turner I heard and appreciated your empathy in reading this in your post: "We know they're hard working and would like to continue working with them rather than move toward foreclosure, but we know they're in over their heads if we continue under the current terms of the mortgage and don't want to set them up for failure."  

Hello BP, I’m writing this post for all the rookies (myself included) I think it will be very helpful for anyone who is getting started. 

@Don KonipolGreat post. 

The issues can be local so look for someone in your area who is posting and try to contact.