It was suggested to me, to create less of a red flag to the IRS to loan the money to the deal, rather than being on title.

And with your comment about after closing that certainly raises a red flag for me.

the KEY, i would say is BUYING BELOW MARKET VALUE...but that's a whole other post...bottom line, if you ain't buying below market, you're not investing, you're...doing what any other schlub can do and probably operating either too close to break even or just in the red period.

"Whether you are selling Pampers, credit cards, or building homes, this market will become the economic engine of our country," according to Chiqui Cartagena, a leading U.S. expert on the Hispanic market.Realtors can capitalize on the red-hot potential of this market segment by working with residential mortgage lenders who understand the cultural nuances and economic differences that make home buying more difficult for Hispanics.

OK, i will mention my first and huge red flag:When you say 100x100, im going to assume you are talking about feet?

After over a year of rehab projects I was in the red badly.

I also tend to think the time frame they show is not realistic, especially considering on the Roach House they were "red tagged" for having no permits (they never show any permits so I have to imagine they have all the building permit inspectors looking for Montelongo refurbs) and then did the job in 3 days after getting the permt.

He told me to be on the safe side and truly avoid red flags I should wait closer to 2 years.1031 exchanges are based on INVESTMENT property that is bought with the intent of an renting or for business or commercial use, in other words not flipping (dealing), so in an audit situation you must be able to show that you intended to purhcase the property for investment purposes but for some unforseen circumstance (job moved, bad spot financially you had to sell).

Even though bargains can be had in Vegas, unless your down is 40-50%, you will be in the red negative every month, probably several hundred dollars.

And I got almost a whole house left....what kind of person paints their entire house in dark red and green, and lime green?