I comped the property, found the investor, negotiated terms, assigned the contract, managed the paperwork, helped to release liens/judgements, and made it all happen within 10 days.

Delta Associates, an authority on the local commercial real estate market, released the findings in its 2020 second quarter report, concluding: “The pandemic has impacted all major apartment market metrics.”In short, all those glassy, luxury buildings that have risen around the city in recent years have become emptier and less expensive since Covid-19 hit.

The mtg gets recorded, when you refi, the mtg gets paid off and released.

. - Maintenance/Repairs: 7% of income for single family; $400-$500 per unit/year for multifamily- Reserves/Cap Ex: 5% for single family or $300 per year per unit for multifamilyFor multifamily I also include a "releasing/unit turn" expense in the expense base.

If your losses are not limited not or the losses are limited now but can be released in the future, you should be cost segs while you can still get 100% bonus depreciation in 2022.But more info is needed to conclude.  

The CFPB has clarified these exemptions in their own press releases and on their website.

The recently released update extension not only delays the tax filing deadline to October 16, 2023, it could also extend your 1031 Exchange deadlines until October 16, 2023 as well!

I have enough experience to know that I need to be in control of the situation, or I want complete release from all responsibility.

This would require you to get a "partial release" to release one property and not the other.

If that's your state, give tenant their whole deposit and have them sign a release.