@Joseph M.As this crisis clearly demonstrated, local is not necessary.That said, your local one is @Linda Weygant - find her on this forum

Non- Recourse loans are generally 3 - 5 year ARM's, and most non-recourse lenders will require the IRA put as much as 40% down and have a cash reserve, and be able to demonstrate the property is income-producing.  

I probably wouldn't have rented to her but she's been there paying rent for four years; She's demonstrated that she can do it.

Just demonstrates that government is wasteful and the only way to really build the east side is to incent local investors and real people actually involved in building the infrastructure there.

In essence, this would allow creditors to "pierce the veil" and seek recourse beyond business assets to owners' personal assets.The creditors may be able to establish that the organization is merely an alter ego of the owners.This may be demonstrated by making personal purchases with business assets.Making personal purchases from business accounts such as education expenses or daycare.Receiving deposits to owners SSN instead of the business EIN.Lack of documentation such as 1099-NEC's for amounts paid to contractors by entity.Thinly capitalized organizations.Lack of formal proceedings for some types, such as minutes from meetings or officer selection if a corporation.Personally guaranteeing otherwise nonrecourse loans.Paying personal and business expenses from one account.State laws are generally the relevant guidance in establishing the condition that allow for a disregarding of the division between business and personal assets, much of which can be gleaned from case law.In essence, avoid the commingling of funds.

If the agent has done his/her job properly, he/she has demonstrated meaningful value to the buyer and has built up a level of trust.For example, I spent a lot of time talking buyer clients OUT of properties. 

Also to start out demonstrate you know the basic "language of real estate" since there is a lot of terminology to learn.

I also confess, I have been wrong more than once in my life and when I'm shown facts that demonstrate I'm wrong, I change my position.I can't quote stats on the percentage of searches and exams that results in claims mainly because I don't anyone knows. 

In fact, if the end buyer had struck a deal directly with the seller at the same price, that's exactly where that assignment fee would have gone.Saying that there are properties that Realtors don't want to sell just demonstrates a breathtaking ignorance of how real estate works in the real world.  

A taxpayer claiming a deduction on a federal income tax return must demonstrate that the deduction is allowable pursuant to a statutory provision and must further substantiate that the expense to which the deduction relates has been paid or incurred. § 6001; Hradesky v.