The exemption allowed results in a “taxable value” of either 75% of the “ATI fair market value” or the final Current Fair Market Value for the tax year of sale, whichever is higher.

PS Rochester and Buffalo were ground zero for much of this stuff also there were groups buying those homes for 10k packaging them up and selling them for 80k to investors from England. the city / state finally cracked down on that and there was some folks that got in trouble on the criminal side of it.. you can google it.. wont mention names but you can find it if you dig deep enoughBut this is nothing new.. buying hood rates for pennies and selling them for dollars to foreigners and unsuspecting out of state folks. 

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

The final rate that was offered to you was 6.5% at a 30 year fix.

Remember, I sent a signed and amended the agreement on November 28th, sent it to them for signature, received confirmation of their receipt, wired funds, requested multiple times they send me the fully executed agreement, never received a fully executed copy back from them and finally was questioned by them yesterday as to why I altered the agreement (meaning there was no meeting of the minds since it's therefore proven that they didn't even look at it).I have rescinded my offer to enter into a contract with Estate Legal for lead generation services and am now seeking a full refund, including my cost of wiring the funds. 

I log on to the browser and finally works.

Final thought is to make sure switching lenders doesn't blow a contingency and sink the closing that way. 

It couldn’t be coincidence that he finally started work, the day after I asked for the lockbox code.

Before finalizing a decision to sell, I thought I’d get some thoughts from the BP forumThe only obvious factor I know to try to head off a problem is to carefully screen applicants.

Just because the deal may not fit our criteria, there are many other syndicators that will.I finally decided to make that data available to other sponsors that easily makes up for the time/effort that goes into it.