Client set up installment agreement in November 2012. Home buyers bailed paying nothing in 2014. Client plans on renting/selling property again after numerous repairs. Just want to verify that I'm thinking this through correctly...
2014 - nothing to report, installment gone.
2015 - Set up property as new rental or new installment incorporating costs to bring the property back up to par.
2014 - nothing to report, installment gone.
2015 - Set up property as new rental or new installment incorporating costs to bring the property back up to par.
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