The mortgagor discovers the 'sale' when loss payees on insurance are changed/ altered so there are some nuances to doing it. 

This is what led me to discover this issue in the first place.I am extremely obsessive about my accounting and have been known to waste hours tracking down an errant penny…it’s a problem haha.

Like Warrent Buffet says, "Only when the tide goes out do you discover who's been swimming naked."

He's 80 and not overly savvy so I want to discover some tax implications to better understand his situation so I can negotiate better.

I discovered that not all work required permits in some areas. 

We recently discovered that you haven't paid it for two years and currently owe $1,100.

I would be happy to discuss this further or any other questions you have in the retail space.I definitely agree that its common to close yet still pay base rent, but you gotta negotiate that with the LL if you have an "open for business" requirement. 

Once the project started, we discovered that gas lines throughout the house were leaking (this is why you make sure utilities on!).

When reviewing the cash flow of properties, you discovered the cash flow was not feasible for a property, you could consider a 1031 Exchange to sell the property and replace it with a new property in the most tax efficient manner.

I just discovered the BP podcast this week and have been thoroughly enjoying listening.