And then of course you can hire a private investigator to do a more thorough job of it too.Good luck to you.Glenn

I also used to work at the IRS as a tax examiner and then in the Criminal Investigation Division.

Let them do the investigating.

Hi guys i recently had a fire at a rental property and my policy covered actual loss of rent The adjuster pays me 80% of the maximum 12 months since its been 9 months investigating me and repairs will take longer than 3 he tells me state farm holds 20% until i can prove fair rental market value from my tax returns .

Your words could easily be twisted into something they are not, and even if the tenant doesn't win in the end, they'll at least get the eviction stayed because the judge finds just a hint of validity in their argument warranting further investigation at the next court date 30 days down the road.

I assume the private investigators in the movies that serve people paperwork are real, but wanted to check first to see if there was an easier way.Thanks for your help!

In most cases we receive the payment from your buyer, take the payment for the first lien and pay it directly to the existing lien holder and distribute any remaining funds to you and/or your seller.As far as taxes and ins...the original mortgage holder probably has impounds set up for them included in the payment so not necessary to change that...you would have to investigate the original loan docs.Best to hire a RE attorney to make sure the paperwork has all the i's dotted and t's crossed.We are licensed to do business in NC...if you would like additional info please PM me.Hope that helps...good luck closing your deal!

I've noted it and will further investigate.

I'm still investigating the wisdom of that strategy with my first round of improved units about to go on the market.  

It's complicated, but we work within a more investigative/legal realm.