That said, you would need to be able to show that you sought alternative means of coverage, and were either subsequently denied - or would have been required to pay substantially higher premiums.

You need to take this into account when figuring out how much the tax bill will be for the subsequent years, assuming it is not redeemed right away. 

Sometimes the persistence has to rise to the level of becoming a community reform leader (New Worry for Home Buyers: A Party House Next Door), but the end outcome can be positive.In my case, a carpet was installed after my noisy neighbor moved out, which provided half the solution, and subsequent neighbors were reminded about the quiet hours at the time they signed the lease, which provided the other half (these people also had the attitude of wanting to get along with their neighbors and kept their noise down as a result).

I called Century, Middlesex, Enterprise and they won't do it for non-owner occupied?

As I'm researching properties for us, I'm left wondering how this transaction will go down and how I'd pay him.To make numbers easy, let's say we find a $100k MFR and we want to go in 50/50 on the $30k downpayment as well as the subsequent mortgage on that property.  

I can tell you that unless the structural damage and subsequent repair is obvious, it will not be a factor in an appraisal.

If not this could lead to the issuing of a tax lien and the subsequent foreclosure of the property through a tax lien foreclosure.

@Zachary Sit, your all-in (including rehab and holding) cost needs to be no more than 70% of a Lenders subsequent (sold comps) Appraisal.

I'm seeking tax tips for depreciation on an SFR that was purchased in 2014 as our private residence then converted to rental in 2016Details:Purchased in 2014loan was refinanced in 2015  We began depreciating in 2016 tax year, the year we began renting the home as landlordstax preparer for 2016 taxes entered basis amount based on 2015 assessment, not assessment from purchase year or for the 2016 assessmentunsure if bases was set correctly and whether to carry through that same basis or pull current year assessment for this and subsequent tax yearsTurbo Tax seems to be steering me towards using the purchase year assessment for the basis for depreciation.  

Your IRA makes an offer and subsequently closes on the property.