Am currently rehabbing a house and can hear the water gushing under the house (Crawl Space) when toilet is flushed. I'll be cutting into the floor and fear that there may be raw sewage under the house (the leak wasn'...

Our next purchase though is getting the hardwood treatment where it's needed.Thanks for your replies.

As for the ethics of any transaction I work on....I've built my business based on the premise of doing no harm to any participants involved in the transaction.

Property acquired and held for sale typically does not qualify for 1031 exchange treatment.

I am thrilled to be in this industry and with a good company and with amazingly nice, ethical people doing good business.

It would be long term capital gain treatment and taxed at the 15% rate.

And, that offer was presented to the bank several days after the final offer date at a value <1% more than my offer was for.My agent an I are going to file an ethics complaint against both agents, but is there any way to stop the [unethical] sale to the buyer that is currently under contract?

Can't honestly say that I've studied any of the material as of late.Anyway, I have about 110K in equity in my house, just secured a line of credit for 90K and I have a credit score between 710 and 800.I have a GREAT handyman/carpenter lined up and he has an outstanding work ethic.

He also has a pretty good philosophy as an investor, to go for profit but in an ethical way.

And 2) is a subject to sale an ethical transaction?