We are also looking into the property preservation aspect.We do have GC license and in-house labor and are located in the Raleigh NC area.If anyone has any advice it would be greatly appreciated.

As Josh said, I would aggressively sell the house and cut down on your expenses, so that you can preserve your credit and your reputation.

However, you will want to make the repairs to preserve the property.

Hi John.An option to consider to preserve as much of your credit as possible is a short sale.

With over five years of experience in brokerage, our in depth knowledge of the markets and ability to adapt to the changing environment has allowed us to successfully navigate the terrain to grow and or preserve the wealth of our clients.Our mission is to create passive income through the purchase, hold, and eventual resale of commercial real estate.

When the people that took care of the environment carried guns, fishing poles, actually were actively involved in habitat preservation and construction and didn't lick the frogs?

I haven't been posting a lot on the political forums lately because I've been concentrating my efforts outside of senseless debates that aren't going to really educate the person I'm talking to and focusing more on trying to get people to understand the core values of what our founding father's intended to preserve when this country was started.

Hi,Sorting out some pieces here and I think we've been staring at this too long so your fresh insights would go a long way.Took title to property in personal name and now doing some tax planning, estate planning, asset protection and privacy.I'm greatly oversimplifying that survey says use trusts to hold props, llcs as beneficiary and maybe other entity to control/manage.Where it gets especially hairy is single v. multi-member, member-managed v. manager managed (and professional manager), partnership v passthrough to 1040, avoidance of self-employment tax, and preserving passive income status (if it's not offset by valid expenses) to name a few.Then there's the issue of collecting rents and paying mortgage.

After all, he doesn't feel guilty about taking advantage of you.If you don't want to preserve the friendship, tell him you are done caring for his properties immediately.

From what I understand, the idea is that people will see that inflation is coming and will start buying durable goods, etc. now to preserve their purchasing power, and that will initiate the recovery.