Is there a timetable on how long I have to own it in order to claim this tax advantage?

I had an offer in on a fannie mae home for about 20% below list. I didn't expect them to accept, but was hoping they'd counter. They rejected my offer. I've learned from the agent that no offers have been received ...

The Operating Agreement could then spell out a timetable or process for repayment of the excess equity (meaning that part that is more than yours) she has in the company. 

One more I would add is all offers should have a time table on them. 

Secondly, every state has its own laws and procedures/time tables for the foreclosure process.

He may be the best around and a great price but if he cannot finish your project in the timetable you set don't hire him and expect he will drop his other job for yours.  

There is a timetable for any interested party to challenge your claim.  

Estimated timet to complete - 5 days. 

And what's the timetable like - is the open house held the first day the house is listed, or does that not really matter?

This process allows the investor to purchase many more assets and reap the above benefits on each new asset.If bought in the right neighborhood, the home may still appreciate and sell for an even greater profit than what can occur during a short time table required by a flip.The income increases over time, and as the tax benefits or the condition of the properties systems age or deteriorate, the property can be exchanged to reset tax advantages and move to newer properties with newer systems.The passive income can eventually exceed the money required to live, allowing the investor to exit the rat race and live fully off of passive income, while building a huge nest egg from equity and principal pay down.Your financial statement looks better and better to the banker as time goes on.Properties can sometimes be purchased with little or no money down.A property that might net a $25,000 profit on a flip might net $20,000 after taxes.