You would be responsible for taxes on the principal as you receive it.

This is very basic question please ignore my ignorance.It is foreclosed by lets say ABC Bank with $100,000 principal original deed date: 1/1/1999.It also has other deed of trusts as below:1.

Marketing a property that you don't own, and have no principal interest in, for a commission.

S/L DEPRECIATION ON INVESTMENT PROPERTY FOR 6 YEARS TAKEN11. 1ST YEAR REDUCTION OF PRINCIPAL TO BANK = $5,68012. 1ST YEAR REDUCTION OF PRINCIPAL TO BUYER = $3,675QUESTIONS:1.

The buyer agent is a principal broker who wants every penny during the negotiations in the past several weeks.

We have built both companies on intergity and that's one principal we stand firm on, we have licensed contractors to give accurate estimate cost for repair and an offer an home inspection to give the buyers the truth about the home that they are interested in.

As @Karen Margrave mentioned, there's a ton of details related to the zoning and topography - principally whether the lot is level and graded yet or not, as well as whether there's water meter(s) and such already in place - that have big impacts on your costs and hold time.  

Presently a fixed mortgage is running around 3.0% which the variable rate is about half a point lower at 2.5%.While I have not found ARM products in the U.S.A. to be quite as flexible as variable rate mortgages at home, the principal is the same.  

Seller agreed in principal had his attorney review the P&S (same on @Justin Silverio  uses) and told him not to sign it.  2 objections the low initial deposit.. that's no big deal.  

Problem is rents are up and their location is great so they stay anyway.3) Since the market has been so hot for so long many landlords I have run across have almost non-existent records and can get away with this4) Comps are harder because the structures and uses are so different not just block by block but within the same block and its not like most of that stuff is listed anywhere5) Because of the cost making a mistake in NYC on your first property or second property can be fatal (financially).All this is not to say the valuation principals are different they are not, more that I feel its just tougher to operate here.