Second, I would look at the Federal Reserve very closely.

It has held value better than almost any area of the country, due primarily to federal govt bloat.

Both these businesses are non-real estate businesses.So here's my advice:My advice is to talk to an attorney AND a CPA, because your decision intersects state and federal tax laws.

If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?

He also includes links to government (county/state/federal) sites that pertain to the area that he identified.At $400, he's a little more expensive than some of the others around here, but I'm very happy with the reports and he has been able to give me advice that I know has saved me thousands.

I do recommend you talk to a legal and tax professional before acting.Taxes (This is a Federal Designation):Sole Proprietorships, S-Corps, Partnerships, and the default tax status of LLCs are all pass through tax entities.

My current position with the Federal Government in Afghanistan won't allow me to do a strategic bankruptcy as they monitor my creditworthiness in relationship to the security clearance I hold.

McKellar Newsom If the person is Canadian here are some banks:Harris bank (bank of montreal) will deal with loans 50% of purchase price but they will want to have a relationship with the buyer firstRBC Centura (RBC canada) not as picky to having a pre-existing relationship with clients and will do up to 70% of loan to valueWashington Federal- minimum investment $50,000 to $700,000 up to %65 of Loan to ValueTD Canada trust-not sure the details but I know some investors have used them.

At a minimum, you might want to spread the w/d's out over more than one tax year, for example to keep the marginal federal tax impact at the 15% versus 25% tax rate.

And probably in violation of federal law already!