They should facilitate the sale, but not make decisions for the Seller.

This greatly facilitates the use of trusts to pass property to heirs and minors.

In Illinois the State Licensing Act is clear: Anyone facilitating a real estate transaction for compensation of any kind must be licensed.

All states have RE license laws, those representing or facilitating sales, the laws are not consistent and do vary, some with wider doors than others, but wholesaling can become an issue.I also see you teach, that may explain it. :)

Obviously the government facilitated the banks in expanding questionable credit for various social and political reasons.It's this venal, agenda driven, quasi-government/corporate collusion that often causes these unsurprising disasters.

, I'd suggest doing leases that are 99.99% normal, with the only deviance being that it automatically goes month-to-month after 1 month.HomeSuite is one of many companies facilitating this (disclaimer: I shook hands with and had a 5 minute conversation with HomeSuite head honcho @David Adams  like 6 months ago).

Two of my tenants were rewarded/enticed to enter long term leases of 2 years; and I reduced the rent to facilitate that (massive rookie mistake).

As per @Robin's proposal, I've setup a meetup group to facilitate future gatherings.

My husband discovered that our newest tenant didn't transfer the electricity over, which was perplexing since my husband drove him to the PUD to facilitate the transfer.

-in October 2017 I sold that same property and now those proceeds are in a 1031 exchange facilitator holding account-fast forward to present day: now I'm about to close on another property and I intend on using 100% of the cash out refi money for the down payment, plus 100% the proceeds from the sale of the previous property via 1031 exchange as well for the down payment of the new property, and additional money from my checking account will pay for closing costs and some of the down payment.So now that you know the history, my question again is will I get taxed on that money from the cash out refi?