It was great because HE was wholesaling in 2011 and understood everything that I was doing.

He understood the workings of the "reactor" too bad he only attended a few meetings then left the board would have liked to have gotten to know him better.

I always understood that depreciation is an expense that each investor will benefit from whether they purchase a $1 million house in Beverly Hills or a $10k house in war zone, so I don't it's something that an investor needs to strategize for.

I assumed you were in Howard county and understood how much more we pay for land.

He and I became what I would consider business friends talked about our families, the trials and tribulations of the mortgage business and the fact that he is from a small town in Washington so he completely understood the issues with comps on our personal subject property and now its why we were denied?

ok i read and understood most of this thread but i have questions. so if a bank or any corporation exist merely for profit, and calling a DOS is legal and feasible, then why wouldnt banks sell the violators of the DOS clauses properties off?

When the NOL is carried back to 2004, his amended 1004 taxable income is zero, so he claims a refund for ALL taxes originally paid for 2004.There is yet another technicality in the GZA that is rarely ever understood fully by lay persons, but to your CPA, it is hugely beneficial.

Not to mention the damages.I have another tenant in Florida that somehow thought that they had until the 3rd to *mail* the rent to NJ, although they understood it was due on the 1st, per the lease.

I already had a paper trail going with the appropriate agency, and the cop understood his action as retaliation, I suppose.

I wish I had understood it that well when I submitted my offer.