Because I went back through my spreadsheet and noticed that several people told me that they had already sold the properties or had offers pending that never had real estate listed in the inventory.How this happens, I'm not sure.Perhaps there's some loophole that allows the PR to sell without having to include the property in the estate of the decedent...  

I also spoke to RE attorney yesterday from MN broker's hot line, because I'm a licensed broker and he told me the same thing, ''NO, you can't pay anybody anything that leads to a sale or purchase of the property unless they are licensed''.I even went deeper and asked the investigator ''what if I pay somebody a fee for doing a marketing research for me that leads to a property purchase or sale'', Investigator said ''No'' again and referred me to a Statute 82.70 that describe this.There should be a loop hole for this, but I was ''invited'' to the interview to the Dep-t of Commerce before 4 years ago, (nothing has happened) but had very bad taste in my mouth after that.Thus I always double check with 3 different attorneys in regards to RE questions because they tend to give different opinions.

It closes the loopholes used by most unlicensed brokers to skirt the law:475.43 Presumptions.

You have to be in the same field, and I switched fields.I don't think I'll be able to use only one year, bc Freddie Mac doesn't allow it anymore and the loophole for FHA is quite small (same field).

Are there any loopholes or workarounds that would accomplish the same?

@Taylor Pariseau@Phillip Burns My favorite book on this topic is The Loopholes of Real Estate Investing by Garrett Sutton.

There are always people around, including certain Licenced Realtors, who because they can sniff a profit, will find loopholes in the Banks intention to find the Buyer who ACTUALLY wants the property, but that sort of double-closing REO activity should not be attempted by the uninitiated, or by those who subscribe to what has been called "Kumbaya ethics" ie. those who want to honour the Banks intention!  

Brokers, Foreign buyers, Assignments, Flipping, Tax-Free Loopholes, GreedToday's word of the day is foreshadow.  

Wow so many loop holes we seem to avoid being contractors already.

I'm currently reading Real Estate Loopholes and have done much research online, but I think it is time to speak to real professionals.