Steve - We just did a deploy . . . it was likely a temporary issue.

I do not know of anyone setting up an off shore company yet but I was told by an attorney that this is the vehicle he uses.

I am seeking information to help a friend in regards to becoming a secondary sales agent for real estate off shore.

I see your from Norwood...I'm on the North Shore, basically still greater Boston...my experience is that cash flow inside 128 will be very difficult...even inside the 495 belt will be tough but doable maybe in the cities of Lowell and Lawrence or down closer to you say Brockton or Taunton ...to get good cash flow you have to go to central Mass or even RI...

@Christopher Lombardi @Andrew Schwartz @Eric Waterman - have you created a local networking group at the Jersey Shore?  

I am a broker (north shore) builder (Custom homes since 2000) a flipper and rehabber.

Jersey shore has some good deals.

But now we are on the Milwaukee north shore area too.

Look closely at section 5.062(a)(2): “An option to purchase real property that includes or is combined or executed concurrently with a residential lease agreement, together with the lease, is considered an executory contract for conveyance of real property.”The “180 days or less” exemption exists as an accommodation to real estate brokers, because otherwise the TREC 1-4 contract could violate this provision when combined with a TREC temporary lease.As the site notes, an executory contract is a contract that has not been fulfilled.

I never depreciate properties held in my own name as, for me, it is always a temporary measure before they are rolled into a holding company and I do not wish to deal with the CCA recapture.For properties held in a corporation, I have yet to experience that ... perhaps the lenders expect real estate holding companies to take all possible deductions (given they are paying at the top marginal tax rate)?