One year, I was looking at the depreciation summary my CPA printed out and I remarked, wow, are we depreciating 3 water tanks.

For the dogs, yes it is a lease violation, but they will simply file for emotional support animal BS and pay a small amount (eg $50) to get paperwork that isn't worth the paper it is printed on...and you have to accept it. 

If you want to point the finger, we can blame the Fed for holding rates low for so long, and the govt for printing 5 T, making money real cheap and allowing these NY investors to over pay on the real estate.I guess you have to wait until the banks take these assets back.

Maybe someone here can point us to one and prove that print media isn't dead :)

City liens are considered government liens and they are not extinguished.  

Hey all,What are the most efficient marketing strategies for finding qualified leads besides cold calling and print mail?

The local government had my contractor create some basic drawings of the work, had me pay the permit fee and pay for an inspection. 

Quote from @Jason Malabute:  I really hope they figure out a way to extend this in the future because it’s a huge benefit for real estate investors like us.This is not how the government works though :) 

The biggest thing you will miss out on is leverage/diversifacation plus mortgage interest deduction but as far as actual benefits outside of the above 1st time home buyer down payment assistance (many of the programs have fine print that often makes less of a good deal than just free money) no not really. 

They are essentially risk free, as they are government bonds.