My biggest struggle so far has been juggling my 9to5 job, my wife and new born baby as well as the pull of all my friends to do things during the week, finding time to exercising and my real estate investing stuff.

You might want to do this as an "exercise for the reader".

He didn't bother looking at any of my documents (purchase & sale agreement, mortgage, leases with my current tenants, etc.) that would have demonstrated a legitimate need to run credit checks, which surprised me.It was a rather silly exercise - though I have a locking file cabinet (which the investigator photographed), that's not where I store my rental property info.

That is why the IRS does not tax the consideration until the option is exercised or it expires.A transfer of title is what triggers the DOS.

By no means is this an exact science, there are many variables that can derail the master planI exercise restraint and discipline when determining whether something is worth keeping or is a dog with fleas.I love the feedback.

You can also look online, but I find it's easier when you can physically see and touch the items.After you have completed this exercise a couple times, you should have a really good idea what your material costs will be for most aspects of a rehab.

- Taxation of Lease Purchase is covered by no better teacher than Al Aiello, - Lastly avoiding equitable interest can be achieved by not delivering an Option to Purchase directly to the Tenant on the Lease Option; rather you can hold an option to purchase in escrow to be delivered to the tenant once say 24 months lease has been completed, then tenant has 90 days to exercise their option (get financing).

Hence there are many valid reasons a lender will not exercise the DOS rights.

Is pick up exercise and lifting.

Also, does anyone give any of the option money back if the tenant doesn't exercise the option?