You might wanna read all the posts about the upcoming Frank Dodd rule that takes effect next month.

During the time prior to a lawsuit being filed, the owner of the property can purchase a bond in the amount of the lien to effectively remove the encumbrance until a judgement is finalized.

Just a heads up you cannot create a loss (with the Truck purchase as a 179 deduction) in the S-Corp.BUT it can eliminate all profit(s) then the balance of the truck needs to be depreciated.

needless to say I told him to shove it up his ***, and proceeded to get told a story of how the judge berated this a-hole for both not paying rent and filing a rent escrow case. fine by me, ill win that too than take both of their employed asses to collections, plus eliminate yet another headache.lesson, don't fear bad tenant,...take reported issues seriously, but show it who's boss at all times.

I'm going to read through this thread a few times more to get the full effect :)Josh

It would be the best to find a lawyer that understands the Dodd Frank law to give you straight answers, but I think it is a wait and see how the law will effect everyone.

And part of the Alpha's job is protecting the pack - i.e. eliminating any potential threat.

Assessors typically have only one "effective date of valuation" each year, or even older, that is historical, in that they trend values, and do not perform an annual revaluation (when properties are inspected and methodically calculated).

If neither of those will be effected, there is no point in spending the money.As far as financing, what about if I purchased the home and decided to make the modifications later down the line?

You can also take on option or going to a lower level, less desirable but effective might be taking a first right of refusal. :)