Obtain a “good faith estimate” from the buyer(s)’ lender for the target purchase price and review with buyer(s).183.

Do you get the feeling they are negotiating on good faith?

The goal setting, faith, tithing, and discipline topics resonated very deeply.

If you're not careful, you might even be seen as an ethical operator, one who is up front, deals in compliance and in good faith, heck, if all wholesalers did that they may even change the reputation and outlook on the business!

I do not have the same faith in these things that a priest has in Christ.

ASSUMING that the small operation has complete faith in the investor to KEEP ON providing a statistically meaningful portion of their yearly gross.

If you make a good faith effort to get the information and they refuse, still submit the 1099.

In your case you could do the same or you may have to take it on faith that the seller's representations of ownership are true.

@Christian SifuentesHere is how the IRS defines self-employment in IRS Publication 560 for solo 401k eligibility purposes:It is generally an activity carried on for a livelihood or in good faith to make a profit.

It sold in 2009 for $820k short sale.This is a real leap of faith to try flipping again.