Look at IRC § 453 which defines a "dealer dispostion" as ANY disposition of real property held for sale to customers.I would argue that the word ANY in this definition sets the "bright-line test" at one.

I will definately do more research and see if the seller is willing to lower the price a little.Thanks!

You already defined the act in derogatory term.

i have to print them out but newbs like be definately read them.

Things will definately get more stressful once the kids arrive.Chris

Quality traffic may be defined as: the Right person, with the Right Problem, getting just the right answer to that question ON YOUR SITE!

Historians have variously proposed the appointment of Julius Caesar as perpetual dictator in 44 BC, the defeat of Mark Antony at the Battle of Actium in 31 BC, and the Roman Senate's grant of extraordinary powers to Octavian under the first settlement in 27 BC, as candidates for the defining pivotal event ending the Republic.Can be found at:http://en.wikipedia.org/wiki/Roman_Republic

., most definately but be sure to have the approiate clauses in any contract that you use.

I have responded to quite a few questions, so you can check mine and you can also check for more under Tax Sales for Other very good responses to Tax Sale Questions---which will cover a broad area, but should give you a basic understanding of the process in various areas throughout the U.S.

Unfortunately, my exit strategy is not well defined.