., any interpretation of the law is usually sided with the tenant. 

Assuming the source website is legit, the tax law can be interpreted that if you only own a few properties and it's in your name (or an LLC and you and/or your spouse are the sole member) then you do not operate a trade or business and are not required to issue a 1099 regardless of >< $600.http://landlordsolutionsinc.com/2013/12/does-your-handyman-need-to-fill-out-a-1099/However, I did read on this BiggerPockets post: http://www.biggerpockets.com/forums/51/topics/87325-issue-w9-for-work--600... that it's generally a good idea, good practice.

This is a contract interpretation question and the contract has not been provided. lolWhat exactly does the contract say about the condition of the property to be delivered at settlement?

Proverbs (in the Bible) I like books that you have to have to interpret and make you think.

How would you interpret this behavior?

It is open for interpretation if having a contractual agreement to purchase is enough to be considered equitable interest in a home.

The proposed HUD Rules interpreting the federal SAFE mortgage act can be viewed at www.regulations.gov Use the search parameter "HUD" and the keyword "safe".

Ask strangers on the internet to interpret every paragraph of a legal contract for you then rely on their answers to determine whether or not to execute?

Is there any legal/accounting interpretation/loophole which would allow for that sale to be considered a "capital gain" so that I can utilize my stock losses as an offset?

Unless you are interpreting James saying the markets wouldn’t drop at all?