My state has taken the stance that transactional funding is a red flag to selling real estate without a license.IE they had to advertise the real estate to get a buyer and that using tran funding is a clear market that they had no intention to close on thier own and its part of their scheme to circumvent the RE brokerage laws.I finally got feed up with the is it OK is it not.. and got in touch with our state regulator.. and advertising any property you don't own in our state is simply not legal.. etc.. but then again they only go after folks if a complaint is filed.. they are well aware of this activity..

If it is a Section 8 tenant, you should call your Section 8 representative, explain the situation, and file a complaint. 

You can sue for any "hold over" time period or deduct it from their security deposit like any other charge.  

Therefore, consider amending prior tax returns or filing Form 3115 - discuss with your CPA.

. • Contingent upon appraisal of properties equalling or exceeding purchase priceContingent up on securing of financing by buyer. 

Call the number in the image below (BiggerPockets wouldn't let me put a phone number in the text so I had to upload an image file).Wait until the Spanish speaker speaks and the English speaker speaks again, then press 2, then 4, then 2, and you should be able to be connected to somebody or sign up for a call back (the latter probably being a better idea this time of year).

Where the CPA is located isn't much of an issue, so long as they can file my Hawaii state taxes.

@Sebastian E.lenders and the mortgage investors generally gauge the cost of foreclosing and what they can get at auction versus taking a loss on a shortsale.But, you also have to realize that the person assigned to negotiate the shortsale usually has 200+ files to deal with.Sometimes logic doesn't work with these folks.

Known as depreciation recapture.I would not agree to file a return he prepared.

If have to file an amended return, then My rate of return  is going to be crushed  by the cost of paying my accountant for the extra work.