The sale of the home is considered to be for health reasons if the taxpayer's primary reason for selling the home is to obtain medical attention (diagnosis, cure, mitigation, or treatment), or to obtain medical or personal care for a qualified individual suffering from a disease, illness, or injury.Unforeseen circumstances may include: an involuntary conversion (destruction or condemnation of home), unemployment, the inability to pay basic living expenses, or a change in living arrangement such as a divorce or legal separation or multiple births resulting from the same pregnancy, and other reasons to the extent provided in regulationsThe taxpayer's exclusion would have been disallowed because of the "more than one home sold during a 2-year period" rule, except that the taxpayer sold the home due to and of the three reasons listed above.The taxpayer otherwise qualifies for the sale of home exclusion, but there was a period of nonqualified use during which the home was not used as a principal residence (effective for tax years beginning after December 31, 2008).Example: John bought his first home in 2003.

There are lenders and circumstances that provide 100% financing, but this is usually based on long term relationships and a history of success transactions.

Furthermore. having a license makes you a "pro", a circumstance which comes with a lot of necessary disclosures - something to think about.2.

Very close call given the circumstance.

An issuer is required to consider the facts and circumstances of each purchaser and the transaction.

Commissions are governed by at least one -- and often two -- contracts between two distinct parties and their representatives, and the only requirement is that all parties agree.If you wanted to make real estate commissions analogous to the Fair Tax, you'd need to define a fixed commission schedule for all agents involved with fixed determination of which party pays which percentage, all of which is non-negotiable among the parties involved.

The more information you can provide about your general circumstances, the easier for people to give you some input.

My initial question is in our unique circumstance I think we can really profit from lesser returns than the 70% rule most flippers use.

A thin distinction to be sure, but apparently legal.

The Housing Authority says that a tenant should pay 30% of their income toward rent, and that in some circumstance a tenant may be allowed to pay up to 40% of their income toward rent.