However if you are interested more in cash flow, some of the places to look are Prince George's County, Frederick MD, or further north closer to Baltimore.

Hello all,My name is Uche Ejiasa, or just Uche (like Prince or Cher) and I am as brand new as brand new can be to the world of real estate.

Assuming that you have some decent REI education, but no real experience.No, this is not me; nor is it for an African Prince who needs your bank account number to liberate his cash ; )Ready, set, go!

." - Prince Alwaleed bin Talal

So you take some element of risk relying upon it unless you go to the time effort and expense of requesting a ruling in your own capacity.One final caveat, it sounds as if this property would only be partially eligible for home exclusion treatment (since apparently only part of it was your princ res) which may create a number of other potentially unfavorable tax issues not to mention the usual issues of having a corporation (even an S Corporation) owning the property.

Hie @Prince Anyanwu.

Make sure you warn him that the Nigerian Prince isn't really going to send him a fortune.

You can split hairs with princ/interest if you want, but the big deal here is recognizing the risk of these debts and planning to eliminate them!

I think, just yesterday, a new member introduced him with the name of Prince. :)

I guess the Nigerian Princes needed to move onto their next scam!