Capital gain is determined by sales (disposition) price and basis, not the amount owed.

I am in CA home is in NM. House rented 18 mos ago, tenant vacated 6/21/11. My lease is 10 pp, states tenant responsible for ALL repairs on property. Tenant returned to AZ. Home is 2000 sq ft 4/2.
Tenant said I coul...

In this chapter: (1) "Broker"(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business;(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property;(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale;(B) includes a person who:(i) is employed by or for an owner of real estate to sell any portion of the real estate;(ii) engages in the business of charging an advance fee or contracting to collect a fee under a contract that requires the person primarily to promote the sale of real estate by:(a) listing the real estate in a publication primarily used for listing real estate;(b) referring information about the real estate to brokers.

This might include them dispositioning (resolving) the asset themselves or it might also mean they would rather sell the asset for a small loss and get back to the business they are in of lending money offsetting the loss with new profits.

However, your letter of protest is considered part of a mass mailing, which included almost three hundred and fifty (350) filings and as a result, will not be considered.You should continue to monitor the status of the application if you wish to be informed of its final disposition.

However, Land Trusts will work in Maryland similar to the way they work in Virginia and Illinois (for the most part) when deeds and trust agreements are drafted with Illinois “type” land trust language.Real Property Law § 2-116 requires that the trustee have some express power of management or disposition.

Bid them correctly and set aside proper reserves to disposition the asset.

A good agent should provide an unquantifiable amount of value to your investments whether it's finding, analyzing, navigating a great deal or providing value on the disposition later down the line (just to name a few). 

It provides you direct access to your local MLS, allows you onearn commissions on acquisitions and dispositions, ability to earn legal referral fees from other agents, and much more.

Chances are they have force placed insurance on the property, have been paying taxes, have taken write downs and charge offs and, contrary to what people say on late night television, no, the government isn't bailing the lender out and paying them back for the bad loan.At the end of the day, the lender did an appraisal and has factored in a certain percentage for deferred maintenance, carrying costs and disposition costs to be subtracted from the fair market value.