Well because I'm new I would ask a lawyer the best way to convey this message: This is a fire hazard and these items need to be removed promptly.

There are two kinds of debt....good debt such as a house or other items that might appreciate in vaue.

There's a flat deduction for folks that fall under the AMT.Not only that, the Taxpayer Relief Act of 2013 reinstated the personal exemption phase out AND the limitation of itemized deductions.

This is a pocket listing I got from a realtor I work with.1 Story Traditional Equity Sale.1150sqft3bed,2bathBuilt 1983Henderson, NVPurchase Price $96k CashRehab $6KARV $110k - $120kRental income $1000- $1100, (2% is hard to come by in Las Vegas.)Walking distance from pretty good high school.Things I don't really like about it.- Small Kitchen- Dining Room Table would be place in the kitchen corner which is only about 5ft x 10ft.- Only standing shower in master bath, no tub.- One sink in master bath.- Normal sliding closet door in Master Bedroom.- Electric Appliance, only water heater is gas.- Garage is attach to the house, but you have to walk out the side door and get in the house via front door.I could flip or rent, if I rent, I would get 9.5% Cash on Cash return, not including vacancies & repairs.

The only item it roes not include is the mortgage payment whch comes out of the balance 50%.

By not charging interest you will alsohave an imputed interest for taxes by the IRS.BTW, if you can buy something at some price and the item was basically exposed to the market, advertsied for sale, the value is what it sold for, not 2.5 times more.

Their service guy e-mails me repair requests over $200 or receipts under that and actually sends itemized turnover expenses complete with lowest bids for carpet, paint, etc. as soon as notice is given for a vacancy.

Will they foreclose on you in the traditional way?

Remove all carpet (assuming you will want to replace) and demo/pull any other items you plan to replace.

There were 18 items in collection, none current.