Originally posted by Charles Perkins: I'm not aware of all of the details in another case, but essentially the property is tied up and the buyer can not do anything with the property while a clause is arbitrated that essentially allowed the seller to consider other buyers.

Disclosure: Director of PR for Do Hard MoneyOriginally posted by @Wendell Perkins : @Jacque FairbournI am editing my previous post in regard to Do Hard Money.

The Investors Network of NEPA meets monthly on the 2nd Wednesday of the month at Perkins in Pittston. 

Thanks Andrew, any split will reduce the value per share but not the total holdings/interests of each.Charles Perkins might weigh in on tax issues, my concern was not to tip the cart toward a transfer of the property ownership thereby having to address the very low basis to FMV.

I'm with Charles Perkins; however, you must be vary diligent in entering your information.

Originally posted by Charles Perkins: I have learned as well that reserves are a must.

If we had a flat tax, we could save by shutting down the IRS, but I doubt Charles Perkins, being a CPA, would appriciate that, LOL, as many CPAs would be out of work!

@Steve Perkins- It has been beyond my wildest dreams, I honestly barely recognize myself and didn't know I had it in me to do all this.  

Jaquita Perkins So never forget to ask for pro-rated rents, ask for all security deposits (review the rents to see whom has paid what), make sure nobody has prepaid for 12 months (yes, that happened to me and I had to ask for a prepaid rent credit in addition to proration for the rest of the tenants), ask for the right to advertise any vacancies during the escrow period, pro-rated property taxes (we are in April), make sure 2016 property tax has been PAID (or get a credit)...I'm probably missing something else...

I think Charles Perkins and I met on another site long ago, not saying he is here because of me, not at all, but I see many familiar faces.