They are deductiblein the year in which the property is sold.Chris Masons,That is interest on $1m in Principal.Bill Walston,AMT technically only eliminates non acquisition/improvement debt.

Glad you decided to finally start posting.

With $102k posted all in and at best $120k resale, your $18k spread will go away with acquisition costs, holding costs, resale costs, and seller concessions.

Or I may return to California finally and restart there where I could list probates I don't buy as I'm a broker there.The point of this post is obits are a good starting source to find leads.

I asked if I could get it done in March when warmer but he won't budge...and i got the final inspection a week from Thursday.

There is NO de minis in federal law and the feds were specific about that in their Final Rule on the SAFE Act.Moving past the SAFE Act, there are a host of federal compliance issues that people have ignored in the past that just can't be ignored anymore without significant risk, and some relatively new ones that can be very dangerous to ignore.

So there are places here that are in subdivisions but are either on very large lots or have a lot of undeveloped lots around them.Our final area ended up being Clearwater beach. 

We wanted one that gave you the final say on who might rent your property

what did you end up doing here Erik never got a final decision post

I had one who finally responded to me and said he would be in Mexico for the next 3 months (I know what you are thinking, but he is more American than me, ha ha ha).