I agree I would figure out what was the very best  reinstatement for me (re not foreclosure) and present that as an option to circumvent foreclosure.

If you merely put up a good show, on the other hand, such as listing it for rent at an amount that is significantly higher than market, or not even listing it at all, the IRS will see right through that.Other common sense evidence of intent can be gleaned from a review of the case law (i.e., other people’s mistakes):Don’t have plans drawn up for your principal residence or a vacation home just before or after the exchange.Don’t move into the house right after the exchange, even on a temporary basis.Don’t make the contract to acquire the replacement property contingent upon the sale of your principal residence.Use a reasonable and significant amount of advertising or listings in order to rent the property at a marketable rental amount.Document how you arrived at the asking price of the rent.Don’t start construction on preparing the house for your personal use right after acquiring it.Make sure that the restrictive covenants of the replacement property (or condo documents) allow it to be rented out.Document your efforts to rent the house out including names and contact information for potential tenants who looked at it.

Even at 100k below the listing price, the monthly cash flow is merely 26 bucks!

Stay away from the “guru” sales-pitch events - they rarely increase your investment knowledge, they merely empty your wallet!

The information provided is merely the opinion of a non-attorney and should not be relied upon to make any decisions.Happy investing,Troy

She was seeking some assistance and ideas and in my last post, suggested that she took the first step and joined this site, now take the next and learn something from it.Legal advice no, just a mere suggestion as much of my discussion here!

Cop will merely tell you that it's a dispute with a landlord.

However, that doesn't neccisarily mean you can't pull it off (*disclaimer* I am not endorsing mortgage fraud or saying you should even consider it; merely stating that some do and get away with it) The closer you are to actually jumping in to a deal, the more difficult this will get.

All too often, that ability is considered a mere "privilege," similar to the privilege of an owner to use the community pool or clubhouse, or to park a specific number of cars in a driveway.

A criminal is not a person who merely wants a better education for their children.