By this date congress is aiming to pass the Tax Relief for American Families and Workers Act.

Of course you can accelerate depreciation on the new property, but that only gives you short term relief.

With the recent hurricane, there are trades people from all over the country down here helping with the relief effort and rebuilding.

So yeah big sigh of relief for me- Look I got 20k back in my pocket but I’m out 70k till it sells.The reality sets in- Okay the reality of the situation set in when I realized I had to go do new plumbing, electrical- entire house of duct work because originally had radiator heat coupled with the fact that I changed GC half way thru the process, prior GC got a deposit and I let him walk because of issues with another rehab project so I had to add that loss into my budget.

So now we can breathe a sigh of relief that we got out first "NO" out of the way and this will bring us that much closer to getting a yes. 

What they want is relief.  

Find those and offer relief.

Rent will be paid through the end of the month.Tenant Requested:The Tenant will provide written and proper notice as stated above.0-3 Months: There is a penalty fee of one (1) month’s rent.3-6 Months: There is a penalty fee of two (2) month’s rent.6-9 Months: There is a penalty fee of four (4) month’s rent.Remember for military you must be  compliant with Servicemembers Civil Relief Act (SCRA) law.

I did look up tortious conduct and now understand good intentions which have gone astray provide no relief for damages inflicted if the plaintiff can prove their case.

Section 5-15(a) of the Act provides:It is unlawful for any person, corporation, limited liability company, registeredlimited liability partnership, or partnership to act as a managing broker, real estatebroker . . . or to advertise or assume to act as such broker . . . without a properlyissued sponsor card or a license issued under this Act by the Department, eitherdirectly or through its authorized designee. 225 ILCS 454/5-15(a).A license issued by the IDFPR certifies that the real estate broker has fulfilled all of therequirements of licensure under the Act. 225 ILCS 454/1-10.As of December 31, 2009, the Illinois Real Estate License Act of 2000 provides for a privateright of action when private citizens can seek to stop the unlicensed practice of real estatebrokerage. 225 ILCS 454/20-21(c).Other than as provided in Section 5-20 of this Act, if any person practices as a realestate broker, real estate salesperson or leasing agent or holds himself or herself outas a licensed sponsoring broker, managing broker, real estate broker, real estatesalesperson or leasing agent under this Act without being issued a valid existinglicense by the Department, then any licensed sponsoring broker, managing broker,real estate broker, real estate salesperson, leasing agent, any interested party, or anyperson injured thereby may, in addition to the Secretary, petition for relief asprovided in subsection (a) of this Section.