That's the problem with having a pre-determined price in your option in today's falling-value environment.You could try to play hardball and tell them they're obligated to pay the contract price to exercise the contract and get the credit.

I know the members here are intelligent, but I wouldn't want to make a decision that might cost you later by relying on an internet forum.An S Corp is a regular corporation that elects to be treated as an S Corp by submitting a form to the IRS.

That is what I am trying to determine.

These questions will help you determine the strength, fairness, and commitment the Board Members to the the HOA.

This IRS opinion is subject to change, especially if they can determine a business intent or future business intent.Mark Beekman, Bill is exactly correct.

. :(- Had the IRS issue a ruling on my use of a large chunk of my retirement funds -- they determined that I get to keep my money

I determined I was comfortable getting a maximum LTV with a small down payment is possible just to take advantage of the low interest rate.

Just along those lines so you can determine how reliable they will be as tenants.

One was the actual contract interest rate while the other was the rate that determined what your monthly payment was.

I continue to save, look for further deals and even jumped into having private lenders to fund future deals.However, I am having trouble determining my exit strategy and a situation popped up into my head.