Or to put it another way, what is it that the customer is really buying from you?

Originally posted by MikeOH:Cash flow from landlording is not the only method to making $ regardless of what others claim.

Some claim that took 4 years to happen?

I read an article that quoted an un-named source saying that GE Capital is trying to get as much money by 12/31 as possible-even giving salespeople incentives to talk customers into refinancing to another company or close accounts--in stark contrast to how they've been trained to get people to borrow more in recent years.

The term deed was formerly applied also to other solemn written...Deed (action, quotations)Ability: The difficult we do at once; the impossible takes …, Achievement: It is not the least…, Action: Far better it is to dare mighty things, to...See all search results in Articles (48)Dictionarywarranty deed- property guarantee: a deed that binds a seller of property to defend the security of the title against any claims that may arise against the buyer

The difference is that the seller is claiming expenses that aren't believable!

And, after failing to be able to sell the property, soon realize that it was never "worth" what it was claimed to be worth.So, if it's really worth the 350K, you should just be able to sell quickly and cash out.No?

Most people claim that an LLC is perfect for holding properties / rentals...

Internal Revenue Code § 453 defines a dealer disposition as Any disposition of real property which is held by the taxpayer for sale to customers in the ordinary course of the taxpayer’s trade or business.

State fees are unavoidable no matter how anyone files their entities, and S&H must be charged to cover the costs for multiple UPS shipments (for tracking since these are legal docs) between MyCorp, the customer, and the state.For more detail on what *is* included at no charge (quite a bit): I posted a classified in here last week that gives the specifics and the link & phone# for more info.