.:  If only it was that easy amigo.Bitcoin Jesus renounced us citizenship in 2014.Didn't pay $200m in taxes I believe for 2012 (While still a citizen).Interpol just picked him up in Spain not too long ago.So you gotta do the fraud after you renounce your residency in order to run and have better chance of not getting dragged back to US soil hehe well Clayton Morris just took off with the 4 to 5 mil he made selling fake houses in indy and other places.. well houses existed they just forgot to rehab them. 

Allegedly they were scammed by a fake landlord posing as property owner. 

If real estate with proper fundamentals is purchased well and appreciates, there are a few avenues to pursue:  LTCG tax treatment on an eventual sale;  deferring taxes through a 1031; or a refinance where there are no tax consequences.

We get a lot of fake applications now and really have to go through them to see if we can tell if they are real.

Taxes are calculated on the gain (e.g. sale price - purchase price + expenses, broken down fairly clearly by @Jake Baker) not just on the sale price.The tax treatment on sale of a Primary Residence vs.

This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.

I dont get wholesalers approaching me really on BP  I get the lenders like Chris is talking about and most of those are fake lenders trolling BP for victims.

Funny he has a new book out called "Fake" https://www.youtube.com/watch?

A lot of section 8 renters go straight to their case workers with issues like this and it becomes a lot bigger deal than it needs to be.Just do the treatment, cover up the holes, and move on.

Instead of using a fishing rod, they're using an email with a fake links that steals your username and password.