The IRS is examining the high administrative costs claimed by some non-profits.

Also note that a common audit technique used by the IRS is to examine all bank deposits made in pass through business and personal accounts.

You may make a good case for depreciating the use of 100% of the property, but in so doing you will also lose any chance of exempting any capital gains due to personal use when you go to sell the property.This would be a situation where I would want to examine all of the facts before rendering a decision.

INSPECTIONS: Buyer warrants that they have previously viewed and inspected Property and accepts the Property in As−Is condition based upon Buyer`s prior examination of the Property...Buyer is aware that Seller acquired the Property either by way of foreclosure or by deed in lieuof foreclosure, and that Seller is selling and Buyer is purchasing the property in an "AS IS CONDITION WITHOUT ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE"....This purchase is not contingent upon or subject to the findings of inspection reports requested by or on behalf of theBuyer.

Very little of what they do is based on a rational examination of the "other side."

As a student you are exposed to a lot of issues some of which you might not ever see again outside of the classroom.I believe the RE broker's exam in my state has an outline available.

I will be taking my broker exam in two weeks.

It wont be long before you will be able to tell who is paid for, and who is there to serve the people.Perhaps the Republican Party will be divided much like the old Democrat Party.http://www.examiner.com/finance-examiner-in-national/republicans-working-behind-the-scenes-to-stop-ron-paul-from-house-chair-position

My states defination for a mortgage broker is the following:21(a): "Mortgage broker" means an entity that obtains, attempts to obtain, or assists in obtaining a mortgage loan for a borrower from a mortgage lender in return for consideration or in anticipation of consideration.Since note finding does not relate to obtaining a mortgage loan for a borrower from a mortgage lender...then I do not need to be a mortgage broker in my state.But your entire blog discussion did not examine another very interesting law that relates to referral fees related to real estate related transactions.

Thanks Finance Examiner - That is the thing...