Quote from @Dominick Johnson: Why wait 27.5 years to claim all depreciation, do an accelerated depreciation and get those tax deductions now!

I claim if you properly allocate for sustained expenses this is negative cash flow. 

Defending, These fall into a couple of groups, both nasty Eventually you will either face a Due on Sale clause, a seller bankruptcy, a court order in a divorce that affects the property or a fire insurance claim, a slip & fall, very bad tenant, storm damage, and the list goes on.

How to Structure the Deal to Protect Your $20KIf you’re willing to cover the $20K arrears, here’s how to protect yourself:Option 1: Secure Your Funds with a Lien or Escrow AgreementUse an escrow account: Deposit the $20K into escrow with clear terms—if the assumption is denied, the funds return to you.Record a promissory note & lien: If the deal falls through, this would give you a legal claim against the property to recover your funds.Option 2: Sub-To + Wrap While You AssumeSubject-to deal: Take over the existing loan payments before assumption approval, securing control.Escrowed deed transfer: The seller signs the deed into escrow only to be recorded after assumption approval, ensuring they can’t back out.Lease option fallback: If the assumption is denied, consider a lease option agreement until another solution is found.Option 3: Negotiate a Seller Financing HybridAsk the seller to carry a small second note for the $60K equity gap at favorable terms.Use your $20K as a down payment, structured as a secured loan against the property.3.

Nick Raimondi, who claims to be a managing partner at Insula Capital/Atlantic Holdings, after we were working with the seller and our lawyers, got our LLC, jumped through all the hoops they wanted us to, only to sit down at the table yesterday at the lawyers office to yet another stipulation.

Do they offer to help you collect or file a claim against them?

According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?

Also prevented us from making wrong statements on our part which would have reduced the claim.3.  

Wholesaling is not the walk in the park that the IG and TikTok billionaires claim. 

They are definitely responsible for starting the fire, whether utilities were on or not.If tenant has insurance, they should file a claim.