Originally posted by @Greg O'Brien:@Tim Silvers where did you end up and how is it going?

Nobody likes being left in the dark when you’ve got money and time on the line!

@Martin StreichPlease go to your profile page https://www.biggerpockets.com/users/msresolutions and click on your photo to update it.

The Registered Agent will record the documents on your behalf so only their name and information appear on the documents.

Post your thoughts below 👇👇👇👇Recommendations & connections are the best!

And you have taken the extra 150 hours required for the broker's license? 

Of course don't go there just looking for business, you go because you believe in whatever the group is doing. 

I'm new to the forum (been lurking for a while) and wanted to post about my experience to allow others to follow my journey.

Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense. 

Hi Leo, its been years since I closed on a HUD property but you close on the property as soon as title is ready like any other property.