My understanding is that these properties have already been foreclosed on with proper notices given and the deeds officially transferred to the county a few months ago.2) Redemption - My understanding based on the state laws the original owner could walk in tomorrow, hand them a pile of cash and get their deed back. 

I have a small condo in San Francisco and I have officially given notice to my tenant to move out so I can sell, officially starting the clock on my 1031 Exchange.

Thanks for welcoming me officially!

No inspection, you lose your rental license because of lack of inspection, and now you either operate your rental illegally or evict the tenant for refusing to let a government official in their house.And this was shot down by the Kansas City Missouri City council for many of these unknown questions and because tenants and landlords have been suing cities across the country for similar laws and winning. 

Do I just make the distributions to each of us and then each of us reports it on our own returns as other income without an official form?

Technically the inspection for my first unit passed, so I may wait for it to be an official repair before doing it.

This is the first official step in the eviction process.

I know they are hard to find a deal and if you do then i am sure it is quick to be bought.I will be officially in the area on the 19th of July. 

I will officially own the house within the next year and plan to sell it; will the profits be taxable?

Good Afternoon BP Community,First and foremost, thank you so much for being such an invaluable resource! The people and content here are amazing.I would like to share with everyone a milestone reached yesterday: Closi...