Or a neighbor that decides the easement over his land to your parcel which is clearly defined in the title does not apply to him because its a Tuesday and he does not like Tuesdays.

Now just applying to mindset to figure out how to scale.Always open to chatting 😁

Please, no advice about forming an LLC unless it applies to both an individual and an LLC.

I thought the deferral and discount ONLY applied to Capital Gains and not to Depreciation Recapture.

We're applying for a third loan and it will be interesting to see if they've changed in the last year.

(property was built in 1890)Also in the agreement I wrote, if they did not apply this "trickle" technique, the potential repair responsibility$$ would fall on them after acknowledging and signing the agreement. 

I agree and I did not think about it.but I think it would have been Fraud if when applying/closing you intended to not live there,  but just now you are thinking about it. your lender may tell you not to do it, and he can call it due if you decide to do it after all.

Notwithstanding such representation, Seller agrees to reasonably and promptly cooperate with Buyer so that Buyer may apply for and obtain a mortgage loan or loans including but not limited to providing access to the RealEstate to satisfy Buyer’s obligations to pay the Balance Due at Closing.

Initially applied for financing thru BofA which offered 4.75% on a 30 yr fixed working with a loan officer I had previous experience with.

@Eva Hambrick a few things...First, I obviously want a CPA who is a experienced in rental real estate; including things like depreciation, capital improvements vs maintenance expenses, passive activity losses, applying 1031 exchanges, etc.Second, as both a business owner and real estate investor, I want my CPA to understand that I have both earned income and passive income, and help me strategize how to reduce my tax liabilities from this standpoint.Finally, I want my CPA to be proactive in helping me plan and manage my tax strategy as part of my overall financial health all year long, not just file my tax return in April.