Governments never give up a power once they've gotten the ability to exercise it.

A simple way to do this exercise is to check out the property analysis tool on this website and plug in all of the numbers.

What if the person signing the purchase contract to buy from you is unable to exercise?

I'm not an expert at options on homes by any means,but I hate to see your question just sitting here unanswered.By "double closing" you mean that you exercise the optionand buy the house, but at the close you bring *your* buyerto the table and they actually buy.The easier route, it would seem to me, would be to sell theoption outright to the new buyer.

It is important that people understand what role they are playing in these deals.

next....we are ready to exercise the options...... my option with the seller.....and the option with my buyer....how is it handled at this pont and by whom?

The IRS has several criteria for being "active", including stuff like if you are personally liable for the debt, do you make decisions reguarding operation, how many hours you spend managing, stuff that shows you really do have an active role in the investment.

For example I can talk about Mortgage Fraud without having to explain what Mortgage Fraud means.Well, moderators would still be able to exercise discretion.

I make my money the same way you make money: by investing up front and exercising my renting, living, or selling options on the back end.

Unless you think you can flip it, and can handle the risk of not being able to flip it, thne the cash flow obviously wouldn't as much of a role other than to "carry" you to the flip sale or 1031x.