Illinois law recognizes the distinction between the assignment of a right and the delegation of a duty and recognizes that an assignment can involve merely the transfer of a right.

A recent discussion with the state's lead investigator and head attorney made that distinction VERY clear.

Its just like building new construction we expect to make a profit but we need to be properly licensed bonded and insured.. so the biggest rub is the non license activity and a totally unregulated activity.. now many wholesalers have their cash lined up take title resell etc and that is were the states make the distinction..

As someone who sends a lot of mail out I find two very distinct results.Large budget with a large prospect list and great infrastructure means post cards will be your answer.

The distinction between tax tool vs tactic vs and strategy is too often blurred! 

I feel like we keep doing this... you're presenting like 10 different scenarios in the same breath, and then missing the distinction between each one... and then thinking you're catching me in some gotcha when you're actually just missing the point I'm making.When comparing two payoff strategies that end on the same date, you compare the savings side by side, over the life of those loans, not the full 360 months.As for the rest about Hondas and whatnot, I have no idea what point you're making.

I want to scope it out and didn’t come across the distinction in my first reading of the law. 

Uh-huh, I remember your distinctive writing style now.Well you do drive around in that high-end truck, as we discovered last time around the wading pool.

Education is indeed a crucial aspect of real estate investing, and your detailed breakdown of different property classes and neighborhoods is a valuable guide for newcomers.Your emphasis on understanding the local market's dynamics and class distinctions is spot on.

This is similar to if a credit card is used to purchase a house.In your scenario the seller is still required by law to report his interest income and to not report it would be a distinct and flagrant violation of tax code.