You could be exposing yourself to anything from drug-resistant disease microbes - including, possibly, "flesh eating" bacteria - to black mold to potentially lethal allergens.Is your health worth so little to you? 

They're also trying to say the property is "unsafe" because of "health risks".  

He's a current health insurance client of mine as well, so we have to approach this very carefully. 

Ashanti Hamilton, Milwaukee Common Council PresidentBevan Baker, City of Milwaukee Health CommissionerCarrie Lewis, Milwaukee Water Works Superintendent (pending)Moderator: Wallace White

There are numerous BP podcasts that have harped on this exact point.

To tell you a little more about me is that thanks to my jeans I was in pretty good health when I had a brain anuerism and a stroke.  

@Jeff - The seller is an older gentleman who has some health issues so it's highly unlikely he will do any leg work - nor would I want him to since this would delay the closing.

I am new to vacation rentals but have numerous long term rentals.  

I think alot of the answer depends on your intent when purchasing the original property and numerous other factors as outlined in this article;Forbes Article on Cap Gains vs IncomeI would recommend getting a trusted tax advisor involved sooner rather than later. 

Amit, I have done numerous frame work.