It is required by the law and the Code of Ethics.2) There is no such thing as not going through your brokerage when you have a license.

Where'd you get your law degree?

I live in Tacoma, WA…a lot of folks don’t want to deal with having to learn the local housing laws.

Tax law requires it.

The PM should be an expert on state law, and they should have policies and procedures in place to handle these situations.

The estimate I have from a cost segregation firm is $316k (w/ study) vs $28k (no study)-Assume we're in the 37% bracket  -Does this mean, I can claim a $117k depreciation deduction for this year? 

But I don't think I fully understand the law surrounding this and the actual ways it should be used.As I understand it, this is what you could do with such a clause if you are buying a property and the seller is financing it to you:As an example using easy numbers, you could buy a property through seller financing for a price of $100,000.

It typically has pretty good rental demand with UCONN Law School, St.

The deal was legit, the sponsor was NOT honest, all laws were complied with, the deal didn’t work.3.

There is well developed  case law that points to a guarantor having to receive a benefit in order for the lender to hold them accountable in the event of a default etc.