Refinance events are split the same way with a reduction of their capital account which reduces their pref basis.  

Once she could see the reduction in tax liability and the cash flow she could start to see the benefit of me being a full-time real estate agent and have more time at home with her and the kids.

That way it is a direct reduction in the amount of money you need to bring and would not be considered income.If that is not an option it would depend on your personal finances.  

I have noticed more and more price reductions all over the place. 

The cost of maintenance versus the amount of risk reduction is quite silly 99/100 of situations. 

Otherwise a refi is a good use of the equity for a rate reduction - $30k over 15 years at 4% will cost you 30k in interest.Would you buy this condo today if you didn't own it?

The only two price segments where listings under contract have gone DOWN (demand) are $300k-$500k and over $3M, all other price segments listings under contract are UP.Overall Active SupplyUnder $400k – Up 1.5% over 2021Over $400k – Up 137% over 2021This makes sense because it’s hard to find anything under $400k in our market nowPrice ReductionsAccepted contracts are still rising and we are seeing a correlating percentage of fallouts$300k-$400k – price reductions in this price segment are up 137% in 9 weeksThe median price reduction for this price segment is $10,000However, this is still WAY under normal levels (182/week now vs over 600/week in 2019)$400k-$1.5M – price reductions are up 272% in 9 weeksThe median price reduction for this price segment is $14,000This is OVER normal levels (1,244/week now vs 800/week in 2019)Over $1.5M – price reductions are up 200% in 9 weeksThe median price reduction for this price segment is $100,000This is similar to normal levels (75/week now vs 80/week in 2019)Median Days on Market9 days on market currently; up from 7 (whole MLS)$500k-$1M is 10 DOM average; $1M-$2M is 13 DOM average; over $2M is 17 DOM averageWe can expect this to continue to move up if price reductions continueActive Supply vs.

If the dwelling unit or common area are damaged or destroyed by fire or casualty to an extent that the dwelling unit is in material noncompliance with the rental agreement or with Section 5-12-070, the tenant may: (1) Immediately vacate the premises and notify the landlord in writing within 14 days thereafter of the tenant's intention to terminate the rental agreement, in which case the rental agreement terminates as of the date of the fire or casualty; or (2) If continued occupancy is lawful, vacate any part of the dwelling unit rendered unusable by the fire or casualty, in which case the tenant's liability for rent is reduced in proportion to the reduction in the fair rental value of the dwelling unit; or (3) If the tenant desires to continue the tenancy, and if the landlord has promised or begun work to repair the damage or destruction but fails to carry out the work to restore the dwelling unit or common area diligently and within a reasonable time, notify the landlord in writing within 14 days after the tenant becomes aware that the work is not being carried out diligently or within a reasonable time of the tenant's intention to terminate the rental agreement, in which case the rental agreement terminates as of the date of the fire or casualty.

I’d try to get a seller credit or price reduction for any repairs so you control the work.Most of these items are pretty easy handyman fixes.

It will be a linear progression and as we're seeing the effects already (drought in CA/TX, outsized storms, snowpack reductions), it should continue to progress upon a continuum getting relatively worse in some areas and relatively better in others.