That is the only fair thing, to let them protect their initial investment by paying extra money to redeem from the tax sale, even if it is an earlier investor redeeming from a later auction when they failed to pay the taxes.You protect yourself the same way you protect yourself from former owners or their heirs redeeming--you establish exclusive possession, you burn off redemption rights, you buy out people's rights, you engage in strategic litigation to eliminate rights, etc.

We have a system made up of a huge complex set of rules and regulations.

But in general, we work with established, professional contractors. 

Hi all,Looking to establish a relationship with an investor friendly banks with low seasoning periods.

I saw a few people run afoul of SEC and other regulations last time around.I think it's going to be a tremendous time to get into the buy and hold side of the business.

It appears they are loosening the regulations for unemployment and allowing temporarily laid off people and 1099/freelancers to collect unemployment and also giving an extra $600/week onto the u employment checks.

The govt requires All landlord’s to allow tenants extensions in making rent payments - However if they have a loan with a non regulated lenders — the lenders don’t have to oblige.

If it's an established rental unit, you should be able to get the fuel usage numbers (by volume) from the Bangor Gas company if the building is serviced by gas.

A lot of CPAs are "jack of all trades" generalists.While the topic of this thread isn't complex, a CPA not experienced with partnership tax law may struggle.Deducting on the 1065, as your CPA suggested, is not correct (nor it is a choice).Either (a) establish an accountable plan and have the partnership timely reimburse you (and take the deduction on the 1065) OR (b) get an appropriate expense reimbursement amendment in the operating agreement (signed by all applicable members) and begin taking mileage as UPE on your 1040.

Also agree with the regulations keeping people in line.