Can you amend your taxes to show a profit (and pay the subsequent extra tax)?

This personal investment could come through a friendship ("I like you and want you to succeed"), through a common business enterprise ("We work for the same company and I want this company to succeed") or even something less tangible ("You remind me of my son and it makes me feel good to help you").- A coach charges money -- this isn't to say that the coach doesn't have some vested interest in seeing you succeed (regardless of the continued payments), but it likely means that the coach makes some/all of his living doing this and can't afford to just give away his time.- There is absolutely nothing wrong with either model, assuming you get at least as much as you pay for (if you pay more than the value you get, then there's an issue).

Congrats Josh, quite an accomplishment.Will BarnardBarnard Enterprises, Inc.

Part of what you're going to be selling to the bank is your ability to operate this enterprise profitably, since they do not want to be the proud owners of a multi-family outfit in short order. 

In fact over the last 35+ years we have held many seller financed properties & have only had 1 foreclosure that we subsequently flipped for a good profit & again held the note.

The deed says that this conveys with all subsequent owners for 50 years. 

Any further proceeds go to subsequent lien holders in order of priority. (3rd, 4th, etc.)

Things you must not do You must not;i) commit an act of bankruptcy; orii) fail to pay me on time any money you have to pay me under this contract; oriii) pay any repayment/s with a check, directdebit or other instrument that is subsequently dishonored by a bank; oriv) fail to comply with any condition of this loan contract; orv) make any material false or misleading representation.8.

It is now 3 years later and the original buyer of the 2012 property tax lien has paid all subsequent taxes.

Michaela:"Eight of the nine named defendants are being charged under the Colorado Organized Crime Control Act (COCCA), accused of a pattern of manipulating homeowners who were facing foreclosure, creating and processing forged and fraudulent documents relating to the properties, and using the forged documents and other actions to defraud lenders and subsequent buyers."