A BK filing usually only delays the foreclosure for 69/90 days, then the lender gets a Relief from the Stay of the sale, and they can proceed.

After not getting the property, there is relief because it was quite pricing for out budget and we were stretching to make it work.

Hot water heaters have a relief valve on them.

Yes - within 2.5 months of tax year...however, there may be late filing relief if not timely filed.$125,000 is a healthy amount of income to be earned in the flipping business and there should be some self-employment tax saving opportunities by forming an entity to be taxed as an S-corp

Look up the tax relief act of 1997, one of the cooler things Bill Clinton did for us, if you were living there as your primary residence for a full two years, I believe you're entitled to skip the capital gains tax up to $250,000/ person.

You can't imagine the relief to hear that it sounds like there's an exemption in our case. 

The next part is a slight stress relief,  with Houston being a hot market right now the average time on the market for homes in the area is 27 days. 

It's my hobby or my stress relief if you can believe it.

Such actual knowledge or reasonable cause to believe shall be determined in accordance with that division.(10) Comply with the rights of tenants under the Service members Civil Relief Act, 117 Stat. 2835, 50 U.S.C.

@Kofi QuayeYes thanks to the Taxpayer Relief Act of 1997 the qualified first-time home-buyer exception, up to $10,00 applies to both traditional and Roth IRAs.