I just keep thinking that even if they gave it away it wouldn't be a great deal because of the cost of tear down and rebuild.And the lucky agent had to split thier 3% with his broker for a whopping 1.5% or 15.00 before uncle sam gets his 45% so the agent put about 8.00 in his pocket.

But if the hiring manager believes you're going to be the next Sam Zell (or Donald Trump or whatever) and leave when you become a real estate millionaire, then mentioning your real estate interest is going to be a negative.Job interviews are a sales call.

True though, if he was doing more that a couple of these "trades" a year, Uncle Sam and the Peoples' Republic of California are going to want their share.

Most hard lenders I know won't look at this, however, one may because if you owe uncle Sam a lot of money on a return they want proof it was paid.

Many thanks,Sam

I think I want Uncle Sam in the home mortgage business and giving me a 30 year fixed loan at 00.25 %

@Fred Sams if you check out the blue bar on the top of the screen, it has the various links you will need. 

I thought Uncle Sam barged had senior rights all the time. 

I know Donald Bren, Sam Zell, and others, but they own a portion of a company that owns the units.

Hi Sam.