My strategy is another form of wealth creation, I'm just noticing the cash flow issue in the short given this economy may be a lot worse than I thought.

If this is not something your tax professional knows already, then you're not with a real estate focused CPA.You wouldn't go to a dermatologist for your back ache and you wouldn't go to a divorce lawyer for your contract creation. 

@Kris Haskins  - I've just read the actual indictment fully:http://mortgagefraudblog.com/wp-content/uploads/20...It would appear that the 5 defendants involved, actively & knowingly participated in the creation & submission of false & fraudulent documentation to secure the short sales - 9 counts of fraud in total, and it would further appear that they were aware of their actions.There also seem to be issues with "declared relationships" (which is interesting as it could pose problems for wholesalers with relationships with realtors finding the short sales on their behalf).

That will make the creation of this new business so much more easy.

The unemployment rate, net migration, wealth, job creation, etc. all matter.

We have been hearing a single entity LLC with no creation of EIN. 

There are alternatives to full time Property Managers some just charge per lease creation, meaning that if you have a tenant in your property with an active lease your not paying additional fees.

NY also has some interesting LLC creation rules - like having to announce in the local paper.

Here is the crux of what I am trying to accomplish. I am an investor with a cash glut. I am mainly interested in affordable housing in, and around, the Philadelphia, PA market. I have 2 primary goals.....first, partne...

The due-on clause is called an alienation clause, and the call is referred to as an acceleration of the note balance.The due-on clause is triggered by: any conveyance of ownership, including land sales contracts; origination (except home equity loans) or foreclosure of junior trust deeds on the property; or the creation of a lease for more than three years, or any lease with an option to buy. [12 Code of Federal Regulations §591.2(b)]The carryback AITD transaction, of course, involves both a sale (the grant deed) and a further encumbrance (the trust deed).Thus, an AITD transaction triggers the due-on clause in any underlying trust deed, allowing the lender to: call or recast the loan unless written consent to the sale has been given; or fail to act on the right to call after notice of the transaction, called a waiver.Thus, when current market interest rates are high and the AITD is most beneficial to both the buyer and the seller, a senior trust deed lender is likely to call the underlying loan due on the sale.