I just remember Remington financial  if you have not seen that episode on American Greed I think you would be interested in it.

The Federal Reserve Hides Nearly All 23,000 Employee Salaries"98.4-percent of the Federal Reserve payroll remains hidden from the American people."

The absolute worst tenants I've had have all been white, native-born Americans.

If you really want to dig into this watch the American Greed episode on Remington financial and google Ingrid Robinson loan fraud  due diligence fraud she has a great website on it and she was the victim of Remington. 

However, the remaining gain not covered by the Section 121 exclusion is taxed at your ordinary income tax rate.Here's how the calculation typically works:Calculate the Depreciation Recapture: The $9,000 of depreciation would be recaptured at a maximum rate of 25%, which is $2,250 (25% of $9,000).Calculate the Remaining Gain: Subtract the excluded amount (Section 121 exclusion) from the total gain: $100,000 (Total Gain) - $9,000 (Depreciation Recapture) - $250,000 (Section 121 Exclusion) = $0Tax the Remaining Gain at Ordinary Income Rate: Since the remaining gain is $0, there would be no additional tax on the gain.So, based on this calculation, it seems like there should not be any additional tax owed after taking into account the Section 121 exclusion and the depreciation recapture at a maximum rate of 25%.It's essential to review your calculations and ensure that you are accurately applying the exclusion and depreciation recapture.

American Standard Cadet III.

Single family homes regardless of market  are very inefficient to operate to begin with but the lower price point homes are disproportionately impacted by ordinary upkeep maintenance, repairs and cap ex because they struggle to absorb these costs (some of which are fixed or close to fixed regardless of whether this is  $100,000 house or $300,000 house). 

In addition depending on the lender the person losing the home could get a 1099c which would be treated as ordinary income.

Hi Kevin, I ended up going with American Financial lending and spoke with Joseph and Alex. 

I have 3 clients willing to buy: they are highly focused on specific buildings (and line) they want, and are watching the market to attack potential distressed owners and grab the best deal.Hope it gives the perspective, even if it's only focused on Miami, that is one of the hottest market nation-wide and some dynamics that are very local (i.e. latin-american buyers buying cash to take $ out of their country) I think a lot of this data for miami is wrong. it's not a buyers market or even close to a buyer''s market.