Development is a big risk and a big reward business. 

If this is going to be a limited PARTNERSHIP (you references "we"), then you will have to have a partnership return completed separately and earlier (March 15th) and the numbers will be put on a K-1, which then will be put on your normal 1040 which will be due on April 15th. 

Instead, if you are referring to Tax Deeds you will have a Tax Deed title that gives you all the rights on the properties right after the auction 

In reference to the cartels, I have friends in Mexico who say that in certain areas, the cartels are taking properties from foreign buyers with no recourse.

New into the real estate game and looking  specific lenders you know of that does hard money lending based off arv instead of luv , would be spectacular if you can as well pm some you would refer thank you :) 

Answer: She was not rewarded any points for her landlord since it was family.

No I have not been in person, and what you are describing is exactly what I'm worried about.I will say that I do have a contractor who I trust to do an honest thorough inspection (I requested several references who all gave positive feedback, and the one property I did ask him to inspect he found a major structural issue and immediately told me not to considering buying it).It seems like when most people run into trouble its because their estimates of vacancy, maintenance, capex were all too optimistic.

Hey All-I know I am digging up an old thread- just wondering if anyone has any updates.I've Been looking for a company that I can trust and rely on as a Broker in case I need to use the service myself or refer a client.I'd appreciate the updates!

In terms of the lady spending all her time reporting violations... yikes.There are a few maps online that show the unincorporated areas of pinellas county down to the street, and then you can cross reference the county zoning website.

I can refer you to my accountant or lawyer.