What are the tax implications (on both sides) if my parents got a 200k HELOC and had it deposited into my checking account then I purchased say a $400k property with half my money and half theirs?

So let’s say a house is on the market for 100k, you can offer the seller 106k with 6k back towards closing.  

If the neighborhood you are working in is a working class neighborhood, it will call for certain things that say a high end home would not. 

Please correct me if I'm wrong.Mortg payment per unit: $500/moTaxes per unit: $200/moInsurance per unit: $50/moTotal expenses (before vac/repairs): $750/moRent per unit: $1150/mo Total before maintenance and vacancies: $400/month per unit.Thats a deal and I'd say a great deal.

Here, you make a loan to say a rehabber and use the note as the collateral on a personal loan someone makes to you at a lower interest rate.

Even if you have the cash to purchase lets say a 5000 dollar vehicle, put the cash in a savings account at the bank and then ask that same bank for a loan explaining that you are trying to build credit.  

When my client is buying say a 12 million center I want to see sales per sq ft of those anchors.

I'd say a first deal that has issues is more valuable than one that goes smoothly.

Ok did I say a little I mean a lot.

In aggregate one could argue the effects are positive (and for which it's likely on objective answer really exists - it kind of depends on your political and social philosophy), but at the micro level you get a lot of the winners and losers, and where your position as a winner or loser is dictated more by specific sets of circumstances rather than your "role" as say a property owner, landlord, tenant, forclosee, etc.If you're not paying your mortgage and you happened to have gotten it through Chase which securitized it and it's subsequently been resold multiple times and now no one can get to all the right paperwork to foreclose on you, you win!