He owned the home free and clear and I am now the deed holder with how we structured it.  

The gain allocated to the OO unit will be tax free up to $250,000 if single or $500,000 if married. 

Feel free to critique.  

If you don't want to use him, you are free to find another repairman who doesn't charge for service calls.

(Goal: either we can sell in 2 years and get the free capital gains or we can keep the great primary residence financing and rent it anytime.) 

(And if you think they'll update the language, I have a bridge to sell you...)Next, it has triggered occasionally and we send out a reminder that we are a smoke-free property which usually works.

I have recently become incredibly interested in real estate and have been studying up in all my free time for the past month or so.

Neglecting Future Resale Value: Consider how easy it will be to sell the property in the future.These are all things we can help with at Aslan as well so feel free to reach out if you need a reliable Loan Officer, or if you just want to chat some more!

I can't tell yet if it is free standing or not, will find out today, but either way could be an issue. 

After the redemption period expired I quieted title against everyone including the SBA, so I owned the house free and clear.