So without further adue, here is our situation:My wife and I both have student loans combined pushing 130k.  4 months ago we had our first child, so right now with my wife working part time and my being full time, we bring in around 60k a year. 

She said he disclosed it because she has a child and the victim was a child. 

I think the major difference is for 97% of Americans this will be the largest financial activity of their life. 

Unless you have a motivated reason to move out of the owner occupied unit (Marriage, Child, New Job) * Past year 1 and into year two income can be recognized on your return to reflect landlording income. etc.* Also, identify a complimentary station  or transportation spot if you can.

He explained that this property is just their red-headed step child and they never gave the property any attention.

A further internet search reveals an online complaint about someone with the same name, also from Utah, who is reportedly associated with other real estate companies that someone is claiming ripped them off: https://www.ripoffreport.com/reports/property-23-nate-heaps/american-fork-utah-84003/property-23-nate-heaps-green-clover-properties-retiree-ripped-off-of-retirement-savings-a-828667. 

Providing you can have loans secured on your property up to 75% of its value,  I think the correct  calculation is (230*0.75) - 42 : Which gives you 130k yes, you're right, thanks We recently set a HELOC with American Heritage credit union with a fixed rate of 3.99%, 3 years draw period and 10 years Amortization period .

Can maybe use a parent-child exclusion but I believe this option would be lost if the property is in an LLC. 

The location is just off post and the layout of the home caters to the American family, as the layout is very open and spacious. 

Especially Americans are so focused on work that it's easy to forget to enjoy life along the way.