I've taken his program and his plan has immeasurably helped us stay in the place of comfortably being able to handle all of this while continuing to knock it down more aggressively overtime.

So assuming your panel can handle the 2 double poled 40amp breakers it would be a lot less expensive than running a gas line & the venting of a NG unit.

This may play a factor in the strategy on how to handle this situation.It doesn’t seem like there would be reasonable time for the seller to make a proper repair before closing, so best approach would be to request a seller credit.

For me, the last things I want to lose are my personal belongings. 

There are two ways to handle the deductions in this situation. 

However, this profit incentive comes at the cost of servicing the loan and handling any default from the buyer.

I assume the guy could not handle my deal.

Hello,How do you guys handle depreciation when the asset in question fails prior to the years allowed to depreciate.

If you can handle the cost for a few months, then you can refinance with the bank once your job starts.

@Brian MillerTell us more about what makes it not show well and the repairs needed- is it their belongings?