I feel itd be similar to if you had bought a rehab and held it for 3 months and had bought the unit during that time... i do know that could could still claim the depreciation prorated for the year and subsequent years.

You could subsequently attempt to purchase her share.

Finally, #2-#4 are essentially rinse & repeat: you will have to qualify for each subsequent property considering the debt of prior mortgages, but you will also get to use 50% of existing rental income.

After we concluded we wanted to retain this tenant we proposed an 15-month plan to get them to market rent: an initial rent increase of $50, followed by a $25 increase each subsequent quarter until we arrived at market rent.

The key is to invest the appropriate upfront planning - with your team of professionals (accountant , solicitor) to map out how you could best achieve your long term goals and when it makes sense to change your organisation (e.g. from sole proprietor to a corporation and subsequently to multiple hold and operating companies, etc).

Needless to say, I had that funny feeling and have not made any subsequent Investment Proposals with that person.

The lack of written documentation describing property condition at contract acceptance, however, will preclude consideration for repairs or price adjustments in the event of subsequent damage.

One of those four was subsequently paid the $2000. and the quit claim deed they signed was registered with the county.Now the remaining four owners say that they have an investor-buyer who is going to pay $70. for the house and they are just going to sell it to the investor-buyer.In addition to all that; I own the property next door and their garage is partially build on my land.

I think you will understand it as well since you brought up the term capitalism in a subsequent post.

Further, the legal right to extinguish redemption (foreclose) is only for subsequent interests granted.