Bankruptcy, taxes paid but not recorded, or in Maryland prior open tax sale cases will make a lien void.Now another issue is whether the non profit status applies.

TIP:  If you a negotiating an insurance settlement and the Insurance Adjuster refuses to pay for electrical, HVAC or re-piping due to a fire, you may wish to hire a Professional Engineer(s) to inspect the property and render an opinion as to whether the electrical, HVAC or plumbing need to be replaced.Thursday - Meeting with GC to discuss start of renovation work and status of bids received by GC for various elements of the work.

If you're not within a daily drive of the area, it's difficult to get status info.

Hi I’m trying to see if anyone else here been in approved status for two weeks and still don’t show the payment amount on dashboard.. or how long do you stay in approved before it move to payment process 

@Lauren LamAs others have mentioned, if your gain is less than $250,000 / $500,000(dependent on filing status), you can have the gain excluded by section 121.You may have to pay some tax based on the period that it was a rental for the depreciation reported.Talk to your CPA for more details.

But I have some industrial (and other) REITS in my portfolio, primarily for liquidity purposes with some steady dividend income because the REITs have to distribute so much income to keep their tax-favored status. 

Do you know anything about the tenants and current rent status?

We just checked the status of the bill online and it was supposedly paid off in full today from the previous owner.

Also, your profile mentions that you are a real estate agent.As such, you want to work with a professional who understands real estate taxation, business taxation(being an agent) and multi-state taxation.Agents are also more likely eligible to claim real estate professional status - This is something to consider with your CPA.

Either one would lose the “grandfathered” status.