They call a recording, go see the house, and then call me for the name of my mortgage broker.

Take the emotion out of the equation and we would have record home sales and a record breaking economy!

Many communities will have organizations that exist to support you in your new endeavor.

It looks to me like if I did that, the net income/loss would be recorded on schedule C instead of schedule E, which seems to not be subject to the passive loss limits.

I would also say that it is easier because you have a track records plus a network.

I don't believe you can "learn" taste, style, or organization, which to me is the essence of "staging".Just my personal opinion.

That helps in your ranking and tends to drive traffic is there is a connection between the discussions.Any particular tools or ways that you organize you time to maximize the value?

my friend doesn't have any money either, its just that he is willing to take the risk & the big reward on the rehabing side of the dealme i don't want to take the risk on the rehab side of it (especially on this property), i just want to get the property under contract to flip it to him for say 5-to-10 thousandnow the property i believe is'nt owned by a bank, its owned by some corporation which i'm having a hard time finding info on them and how they come to own this particular property, and why their willing to sell this property this cheap and etc (actually after some more digging i think the company is a lawyers office or something, because that is whats coming up as the owners of this property, so i don't know if it really is a bank behind this deal but their using this law firm to dispose of it for them or what)now i couldn't find the name of this corporation, but the address i got off the tax assessors record, i researched it and the building is nothing but a bunch of law firms and etcits just that all the stuff i've read on wholesaling nothing really stated anything about having to come up with that much money just to get a contract on a property and etc. i know what earnest money is but most of the stories i here is people using between 10-100 dollars or so just to tie a property up..............now is mine higher because of the real estate agents lack of trust or something

While these numbers are not as high as in the boom time, they are still much higher than they were pre-boom.Negative Factors:1) Record number of homes on the market.2) #1 Foreclosure market in the country.3) Over 40% of homes listed for sale are vacant.The other thing that is happening is that rents are rising significantly.

Most of the costs and most of the tax implications will revolve around the recording process and transfer taxes.