That was when I had enough, and decided to end the lease.He has been living month-to-month for some time now. 

We still end up doing a few things like upgrading appliances or installing recessed LED lighting and dimmer switches and other life-style upgrades to attract top-notch tenants. 

Everyone is telling me that the majority of the time they dont take the LTO to term.

How critical was the lender’s turnaround time (e.g., 60 days vs. 90+ days) in your decision?

This strategy showcases how buying directly from motivated sellers, renovating strategically, and selling retail can yield substantial financial gains in a relatively short time frame.

Thank you for your time and patience!

I have owned it for a very long time and had depreciated most of the original purchase price. 

I have given asking price several times with no quibble, particularly if I really liked the property and the numbers worked well.  

Any guidance would be most appreciated, so we can be better prepared for our tax returns next year.Thanks so much for your time !

This gives investors some time to complete a rollover and, in some rare cases, can be used as a source of short-term liquidity.Unfortunately, inherited IRAs are not treated as your own and do not fall under the 60-day rule.