I don't claim to be tax savy although I'm seeing more and more the importance of learning how to navigate the racket that is the IRS Tax system.

It feels like a racket, but make sure you are doing everything in coordination with the inspector.  

One of his racket is pro-Kennex.

In general, this feels like a "racket" to me -- perhaps it's something that ought to be discussed further in the forums, or in a BP podcast. 

I guess I'm too n00b to know all the rackets, but it made the Ol' Fraud Investigator in me's Spidey Senses tingle.

There is a hint of a racket taking place here, hopefully for Bill's sake, that is not the case.

The penalties for hiring uncertified painters is huge.This has become a racket for painters with the prices tripling because of the extra regulations.

How that's not a racket is beyond me.

If you've done your homework before buying, then it's a racket, just another middle man to pay.2) Maybe - extrapolating from the numbers you've used at price per square foot, your ARV is at best 15% higher than your purchase price.

I said I am not I am the seller... they said you need a lawyer to open escrow I says I the hell don't need any lawyer to help me with a simple sales transaction.. we went back and forth I ended up having to pay a lawyer 500 bucks to basically allow me to close the tansaction its a racket there in Il.