The type of transaction prosecutors say McLeod abused works like this: Homeowners facing foreclosure sell their homes to a third-party investor, typically located by a foreclosure consultant, but continue living in them for one year.

A contract between two parties.

None that matter to this discussion.Financing can come from a party that is neither a bank or related to the seller.

She has seen a fair amount of the US with us but I've never been to Australia or New Zealand and I really do want to see them, much as I dread those real long flights.Anyway, we're both staying busy, I'm opening in South Pacific next week (minor part-I can't sing) and my wife is handling costumes for this play.Soon the holidays will be on us, and then I'll be skiing, life goes on.all cash

It will make your name stand out and save you some typing.John Corey

For the most part, I have been really, really happy with my investments, but like most people playing the real estate game, I have made some mistakes.But that is for another topic.

I appreciate your thoughts and if I could find a place that costs $100,000 that someone would rent for $2,000 a month I would own 500 of them and retire on a gold yacht somewhere.My question about whether or not you can get around passive loss deduction AGI limits by forming some kind of business structure still stands, though.

I have heard so many investors tell people that "It gets eisier after the first deal", I hate to ruin the party but it gets NO easier.

BSO stands for Bright Shiny Objects.They chase the next shiny object they see.If you want to get your business going, you have to seek out the REAL investors, the ones that have been around and know this is the time to buy!

I am about to lose my home and my credit standing becasue I trusted the wrong people and then I have you questioning my sitaution as if I'm making it up or something.