Specifically discuss with your CPA the ability to deduct depreciation expense over time, allowing you to deduct a portion of the property's purchase price as a non-cash expense, meaning you can lower your taxable income and potentially lower your tax liability.In other words, you can reduce your taxes by writing off expenses from your total taxable income.

Obviously, there are differences between tenant/landlord processes/practices between Toronto and NJ so I’m in the early stages of learning about those differences.

I am writing this from Buenos Aires Argentina.

Can anyone elaborate on what this process entails?

In reality, both parties' signatures are crucial for a contract to be valid and enforceable in Virginia.Here's the key point:For a real estate contract to be ratified in Virginia, it must be signed by both the buyer and the seller and delivered to all parties involved.Here's why:Virginia Statute 55-513.1 of the Code of Virginia clearly states that contracts for the sale, purchase, exchange, or lease of real estate must be "in writing and signed by the party to be charged thereby or by his agent."

In the process of buying home, the owner received very similar offer, around the same price range however the other offer waved inspection and appraisal.

If you do it through a property management company, it will depend on their strategy.Feel free to write to me if you need more details.

I understand the general process of how the title companies like Catic operate but would anyone with more in depth knowledge be able to elaborate on how the specifics would be able to be transitioned to a blockchain platform?  

Also not to be a stickler but it doesn't count as your first offer unless you submitted it in writing, with proof of funds.

I was wondering if anyone had any experience with this and if there is any expedited process that would allow me to get it within the month or as fast as possible?