They said "evict us if you can still afford it".So we threw them out too.Now, our 2nd floor tenant, which has been ducking us on the rent, told us that we need to pay her 3200 in cash or she won't pay rent anymore either.She is saying that we owe her the money because the hallway lights are on her electric bill and it's "illegal" to be set up that way.The 3200 is for her electric bill.Thing is, it is NOT a common area. 1st floor has their own private entrance, with their own lights, on their own bill.The hallway in question is specifically for the 2nd and 3rd floors.

So my account says.After itemizing and realizing the loss in the business, I should have a tax credit of around 30kThe short term is = 10% * 17,850 + 15% * (50000-17,8500) = 6,900The long term is = 15% * 200,000 = 30000So after my tax credit I should owe the fed less than 10,000State will be 250,000 * 6.8% = 17000So my total hit will be around $25,000Did I do this correct?

They will take the house or (if there really is some equity above their balance owed) someone else will win.

Don't jump right in to asking about the property, how much they owe, how much they're willing to sell for, etc.

I tried to get the contract for $28,000 however, the owners owed $39,000 on it, which they had bought the condo for $44,500 a couple years ago.

I've borrowed a lot of money from and still owe a lot of money to the banks.

There are some significant hurdles being put in your way and you owe it to yourself to understand the back-room game.My attorney, a very smart man, tells me that the first lesson in any law school is: Don't mess with banks and insurance companies - you are always guilty.

The executor will not be able to sell the property for less than what's owed on the property without bank knowledge/permission (aka short sale - which, as you know, is a whole `nother animal).

We now only owe $53 on it.

. #1: most of them lie and tell us that they are actually the principal and not acting as a broker, #2: most recycle product "lists" that have we've seen several times and are quite dated (I recently was offered a package with several notes...3 of which I owned), #3: most try to get too greedy and try to structure the deal so that it doesn't work for us, and #4: most haven't got a clue what they are doing.