You mentioned that you had 40 G in equity in your property so that there is enough to get started with on a 20% down on a property.

sincerely,Fernando G.

Hey @Jon G. personally I would look to pay down the high interest loan on the $100k.  

This case is concerned with equipment leases, personal property not real property under Uniform Lawhttp://www.irs.gov/irb/2014-8_IRB/ar04.html Covers partnership liability with respect to disguised sales, you can also see the interpretation and reasoning as applicable to any buyer/entity. http://www.ccim.com/cire-magazine/articles/lease-o...Brian, IMO, 1 & 2 above are not applicable, this is a Master Lease of an apartment complex, there is no fair market rent that a Realtor (generally) can identify, there is no "market". #3.

@Chewie G. - I'll send you a message with who I used. 

., G-602Atlanta, GA 30342(404) 843-9666fax: (404) 843-9667 www.lefcolaw.com

Fortune Magazine Article - The Single Best Day to Buy a House...

Also 5 out of 10 of the last cover stories in The Economists magazines outline a collapse.

G

Hi @Cy G., the question comes up quite often but it usually boils down to where you are at right now in your financial career and what you want to do.