A CPA can be very helpful in this situation.

I've heard that there are tax advantages depending on situations.

Please tell us a bit more about your situation and your plans.Welcome to BiggerPockets!

Each investor should use a figure which is appropriate for their investment and their situation.

:roll:Oh, I removed items regarding more than one story or basements, and other things I knew did not apply in my situation, parking, vehicles, multiple units, which were covered in the checklist at the site below, a Minneapolis list.

You are already ahead of the curve.That is the situation I have found myself in.

That's scary to a lot of folks...and they leave and don't come back unless they see some activity to improve that situation.

SoCalGel...unfortunately it doesn't matter to the listing agent that the seller isn't going to net any money...the seller still has to sign off on the offer...and in most short sale situations the seller is in danger of the bank requiring them to sign a promissory note for the difference if any debt is to be forgiven.

However, none of this gets our money back - at this point, our main focus is to expose the truth and protect others from being in the same situation.

I have a tenant who is posing a situation to me that makes it kind of easy to accept the idea of breaking a lease.