From other posts, I understand that you have defined additional ways of supplementing your income if circumstances warranted it.

This is a VERY loosely defined business.

I found a selection for "Matured Mortgages" which it defines as "records with a past maturity date (month/year)."

With defined penalties for failure.3.

Jon, Although I agree with you on the 50% rule definition, it seems to me that the IRS rules, If I understand it correctly, are for the purpose of defining deductions.

Ana, there is no defined answer, but ballpark is 5K.

Otherwise, let’s be honest, it would be a non-read newsletter at best.If you want to define us as today's "experts", you must realize that we have all gained our expert status through tons of education (books, course work, gurus and real world), tons of money (spent, invested and lost) and countless hours of work and persistence.

However, a mentor that wants to charge is not really a mentor, you might consider him a consultant, but definately not a mentor.

But the heinous piece of the legislation is in section 101(3)(e), which defines the affected principals as:> '(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 1 property in any 36-month period, provided that such loan-> (i) is fully amortizing;> (ii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan;> (iii) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and> (iv) meets any other criteria the Federal banking agencies may prescribe; and> > Yeah, I know, confusing.

But the heinous piece of the legislation is in section 101(3)(e), which defines the affected principals as:'(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 1 property in any 36-month period, provided that such loan-(i) is fully amortizing;(ii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan;(iii) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and            (iv) meets any other criteria the Federal banking agencies may prescribe; and             Yeah, I know, confusing.