LOL, Jon....I looked forward to every federal holiday as the courthouse was closed as well as the banks, so I closed since nothing could be filed.

Marie Poe i checked my notes and we had discussed this question of what to do with a fire loss with Ed O in my post from May of last year.

Jake, a non-profit has many doors to it, I didn't look it up, but a 501C3 is a non-profit, charitable services, a B may be for the public benefit, Steve H could look that up, but, besides the designation;Search here for non-profit, I had discussed doing hosuing as a non-profit having been there.

Be sure to set up some "Keyword Alerts for terms like "Austin" so you'll be notified when they are discussed in the forums and you can jump into those conversations and see what's going on.

Just to briefly revive this discussion I wanted to add my thoughts. 

Now I have an idea of what to discuss when we sit down to write up the deal.

Figured some BP members would benefit from this share and discuss thread....Here's what was sent to me recently in regards to my rental property.

See IRS Publications 527 and 925 for a detailed discussion of these requirements."

Carolina, thank you very much I'm excited to started engaging in a lot on discussions.

It might be good for you to discuss the deal with a few people, and be sure you want to cancel the escrow, and aren't just afraid to go forward.