You can only print worthless pieces of paper (based on nothing except the INABILITY of the government to endlessly tax the taxpayer) for so long, especially when you're on a decades-long hand-out spending spree for every loser that is too lazy to work.

Tenant shall pay to Landlord along with rent, any sales or use tax payable to any governmental authority.

Shareholder loans are a commonly audited situation; this can also cause the taxpayer a lot of unnecessary paperwork and can be more trouble than it is worth.

It may be too later to set that up now.The lender should also actively monitor tax payments.

And insurance reimburses on January 1st, 2012; the taxpayer has until December 31st 2014 to replace the property.If they did not use the money to replace/repair the property they will pay tax on any proceeds exceeding the basis of the property.

Of course with me paying the mortgage she is spared not only the credit card interest but also the home insurance and property tax payments.

In my county if the owner misses 3 tax payments, then the property goes to tax sale.

Prices of houses skyrocket, CEO's get huge bonuses for inflated profits as they create the faulty mortgages and resell them to fannie/freddie.The govt (i.e. taxpayer) then has to bail out all these crazy banks and prop up the mortgage companies (fannie/freddie) that are taking all their bad loans back.And, then, the govt is going to turn around and give thesebig banks/funds huge discounts on these houses so theycan make money on their own bad deals AGAIN!

Generally, if you receive rental income from real estate, you are considered to be in a trade or business of renting property and therefore have the same Form 1099-MISC reporting requirements as other taxpayers in a trade or business.

I've found the low prices and allure of large profits and improving the area from such low priced property is an illusion and the savy investor should consider areas with better economics before placing high risk bets in these areas.Here are some bullets on lessons learned:- If you have debt service and tax payments, you may not have time to wait and find those housebroken tenants as your expenses clip away.