Since you are looking to purchase a fixer-uper I doubt that you will be able to claim some item of disrepair and use it to get discounted taxes.

Realize, though, that while you may have a claim, and might get a judgment, collecting that judgment may be difficult.

thats a very broad statement. too many things to consider. how much coverage one needs, location, any claims history any prior insurance history.

A fellow investor told me that he was using a tactic recently whereby he has the buyer sign a quit claim deed at closing.

If you are holding property with the intent to sell to customers, then you have inventory and that is not depreciable.

I am asking you to explain YOUR claims for the benefit of everyone on the forum.

Eligible Customers: All persons intending to occupy the property as their principal residence are eligible to apply.

The negative thing I have about REIAs is that a lot of attendees are beginners who claim to know more than they actually do.

Before any one claims that the Amish carpenters are the best, keep in mind I worked for 2 different Amish construction companies for well over a 6 year period and they are our version of the illegal Mexicans in the workforce.

I've been an excellent customer.