Based on the amount he owes and the fact as William states, that he will be concerned about his record, this guy is a perfect candidate to take to small claims.

Until now, I had a great credit score, but I'm concerned that my increased debt might affect my ability to obtain a HELOC or a Home Equity Loan.A lender approached me, claiming they could help me secure a HELOC, but the encounter felt coincidental, making me feel vulnerable.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate wouldn't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.

Or does the seller claim that you breached the contract in some way allowing them to terminate it?

@Yi Chu,The key here is that it is not "you" who is investing in the multifamily deal but rather a Roth IRA; therefore, you can not claim any tax benefits personally.

Cop claims we were speeding and reckless driving.

If your parents are currently claiming owner occupant exemption, they would not be able to do this with title vested in a LLC.

We've sent a certified return receipt notice but it hasn't been claimed.

The last thing I'd want is two tenants claiming rights over a property.

It is being fixed up to rent right now.The land I have under contract to sell as is with a Quit Claim deed.