They do not want to pave it, and I said I would entertain the purchase and construction of a personal drive on my own.After consulting their attorney they asked to use a Quit Claim deed for the transaction, which I am hesitant to accept - would rather have at least a Deed without Warranty or better.  

Let it foreclose and make their claim against the govt (they get to tack on all their extra fees). it is usually good to research when they bought the house and how much is left to pay, may help you find the right number.

I have a client in Florida that I am trying to help with an overages claim.

These types of claims often result in the insurance company settling the suit for a five figure sum which is also covered by the insurance policy.

You still claim the interest no matter if it's one loan or three.  

.- $xxx.xx :: Analyze local rental market- $xxx.xx :: Quit Claim Deed into an LLC to remove liability. - $xxx.xx :: LLC " Operating Agreement" outline everyone's role, responsibilities, contribution, buyouts, buy-ins, etc.

If you do not claim depreciation you are entitled to deduct, you must still reduce the basis of the property by the full amount of depreciation allowable.

Their focus is on creating a fundable credit profile and they claim you can build up a $2m credit line in roughly 2 years.

Good luck and make sure you never claim to be a Realtor or Real Estate Agent because that is illegal in Texas

this is when a disregarded LLC can help since you can sell as the LLC and buy as yourself before quit claiming back to the LLC (with your lender's permission of course)