Or perhaps your repairs were grossly understated.

From what I glean so far, and this is unofficial, property owners would not be liable under State laws where MJ has been legalized for either recreational and/or medicinal use.

But I've see more that are priced above other properties in the same area, are claiming rents that are above the local market rents, and are understating expenses.

Gates was charged under state law or a municipal statute.

Some BTHB programs are under state bond money, have deferred interest features and other benefits, so not staying in a property under some programs can cause the loss of benefits as penalties, like up to 5 yeas of occupancy.

If they are understating inflation and the homes drop in real terms that means it dropped a lot more in real terms.

Simple and understated.

This then leads to what John mentioned, assuming the option is to be taken and having possession of the property leads to foreclosure proceedings under state law.

And their kids are always a trainwreck.I've also met one or two self-made, understated millionaires among the Greeks.

If you hide or under state your income to reduce your tax burden this is where that comes back to bite you.