Recently, I conducted a cost segregation study on the property shortly after converting to a STR (converted June 1 2024), and I want to ensure I file my taxes correctly and legally given this change in circumstances.

Different times, different place, different circumstances but did good on each flip at the time.

There are a lot of circumstances that go into the situation, but I promise you I am not trying to take advantage of the situation.

Provide strong asset protection benefits, shielding assets from creditors in many circumstances. eg: creditors may have difficulty seizing assets held in a Wyoming trust, depending on the trust's structure and timing.3.

The administration will help some investors and hurt others depending on the circumstances. 

Hey @Matthew AllenIt’s a creative strategy that could work in the right circumstances, but there are some risks to consider.

Those who need to sell because of life circumstances.

I would ask the circumstances of the eviction.

Sellers back out, timelines change, and circumstances shift.

Quote from @Havital Miltz: I do not know that if someone is in the hospital you can force them to close, I am not an attorney, but I doubt any court will find in your favor, closings do not always happen exactly on the day that is planned, even if everyone is healthy and well, the wholesaler here is not the reason for the delay so I am not sure what exactly you can sue him/her for, they are also being held up due to the seller not being wellJust give the person some time to get out of the hospital, closing will probably not happen the very next day either, this is really extenuating circumstance.