It has been more than a decade since we moved our primary out of state but both times my wife, an RN, simply supplied a letter saying she would be hired effective this date at this pay.

@Brian Boyd I appreciate your post on how depreciation recapture works but what I am asking is when you defer taxes with a 1031 exchange to another property do those taxes transfer to the new property to be paid at a later date?

@Daniel Mendez The best way you can help people in foreclosure is to understand the foreclosure process from the first missed payment to the auction date.

There's no reason to not try to prequalify.... there's too much data out there, to not at the very least narrow down to the last sale date, property type, homestead-y/n, if it's in one of the new-fangled city affordable housing plans or not... the list goes on and on.Go to the county website that you are prospecting in, and look in the 'open data' section for the parcel/tax dataset.

Without having too much context, I would say if the loan is approaching its maturity date, and you don't have much hope of selling the home within that time, your options are to either renegotiate with the lender, or refinance the property.

As far as I know there is no auction date scheduled yet.Would you:1.

@Jessica Khokhlan All seven properties have the Title ready, All that needs to happen is the county needs to schedule an auction date.

The document doesn't show a date that I can see.

Location: Portland, MaineDuplex with 6 beds 2 baths (3 each)Purchase date: 05/01/2015Purchase price: $265,000Reno costs: $35k% Down: %10Morgage Balance: $216,988Morgage Rate: 3.65%Monthly payment (P&I,T,I): $1,556Rental income from first floor: $1,950 utilities included except for electric and internetMonthly expenses est.: $500Estimated rent for 2nd floor (owners unit): $1950 Total estimated rent: $3,900 monthly Total estimated expenses: $500 monthly I currently have a $107,000 HELOC on this property The property appraised by the bank at $383,000 for the HELOC.

Wholesaling with no money is like internet dating with a photo of Tom Selleck when you are short, bald, and fat.