page=1#axzz2rQTi3H9wI've followed other cases, too, and most all seem to be related to blatant, over-aggressive and wholesale application of this law.For the living, this is a painful situation to be caught up in.The major takeaway is that A.P. is a tool of last resort, not an objective to search for scenarios to apply this law (which is available in all 50 states).

However, the situation you described did involve related parties, so, gift tax issues came into play.  

Jason Munck I can relate very well.

I live in Northern VA outside of DC and also own and rent a condo about 15 miles away that i have rented for approximately 6 years. it's been relatively painless as far as being a landlord over the years until recently.

My demo crew is relatively cheap, they get the job done in ~ 1/2 a day and they take care of the haul away.

The majority of strippers are drugged out skanks that put their money up their nose instead of paying their bills.I asked my health insurance agent if there's any occupation he won't insure.

(Apologies for the partial hijack, but it seems related.)

there may be relatively minor problems with the property or there could be a major damage to vital components.From the properties that I've seen there is also wide disparity on what is insured/uninsured by HUD.

I will have to talk with my non-investor relatives LOL

I can relate to you as a builder's son as well.