I respect your opinion.

So when looking at it within a vacuum, I would have the same opinion as you, respectfully.

Show respect, and I guarantee it you will never be asked to show any proof of funds.. well unless you are fugly...then all bets are off.So my tip for you is... be cool mate.

If the permit office contacts you with any questions or requests, respond as quickly as possible to avoid any delays.Be courteous and respectful when interacting with the permit office staff.

The other option is to provide me: signed bylaws and all amendments thereto, a list of the current stockholders and their respective stock ownership, a list of directors and officers of the corporation.

Accepted bid was 61.5% and 60.8% net to HUD respectively. 

Will I need to file a Georgia and Kentucky state income tax return for the properties in Kentucky and Georgia those respective states or will my federal and Michigan return be sufficient?

The Buyer agrees to use commercially reasonable efforts to secure such financing within [Number] days following the execution of the PSA.Closing DateThe closing of the transaction (the "Closing") shall occur on or before [Proposed Closing Date], or such other date as may be mutually agreed upon by the parties in writing, subject to the satisfaction of all conditions precedent set forth in the PSA.Condition of TitleThe Seller shall convey to the Buyer good and marketable fee simple title to the Property by warranty deed, free and clear of all liens, encumbrances, leases, tenancies, easements, restrictions, and other exceptions to title, except as may be expressly approved by the Buyer in writing.Property DocumentationThe Seller shall deliver to the Buyer, within [Number] days of the execution of the PSA, all documents and information relating to the Property in the Seller's possession or control, including but not limited to, title reports, surveys, environmental reports, leases, service contracts, permits, and warranties.Non-Binding NatureThis LOI is intended solely as an expression of the mutual intent of the parties with respect to the proposed transaction and does not constitute a binding agreement, except with respect to Section 9 below.

Hello,So I am a little curious about 1031 exchanges with respect to "step up in cost basis due to death".

Most people don't respect money they haven't earned.My personal goal is to earn $300,000 annually, live off $100,000, and give away at least 33% per year.