Let the tenant pay off the mortgage, enjoy the interest write off.

Do not confuse that function with real property title companies daily business.  

As far as writing off your expenses, you would want to set up an LLC and run everything through that in order to show the IRS that this was a business expense that is eligible. 

There's lots of resources and information here on BP, so definitely use the search function, but never be afraid to ask questions.

Sounds like a good idea, but make sure you write it all down and your plan before you make a decision.

Minimum contents of option contracts; recordation (a) Writing Required. - Every option contract, including any assignment of an option contract, shall be evidenced by a contract signed and acknowledged by...

I will write another post about offers being rejected, losing funding and losing money, agents, building my credit and raising capital.

Either sit him down and see EXACTLY what the problem is and what it will take to finish up his portion....write it up and sign off on it.  

@Matt Schelberg  just functional, physical and social obsolences at work in the market place.. its so foreign to us out here..

Good morning everyone,I'm writing from snowed-in Philadelphia.