Hi there,I've head from many friends that participate in the local Real Estate Investors Association in the Bay Area that people are pretty active in it but it's done in a more informal way (how Bay Area right?)

The general is a rule allowing up to $25,000 of active participation(see below) rental real estate losses as a deduction against nonpassive income meaning you dont have to carry them forward.

Also, have any of you all participated in the tax auction in Houston and actually bought a property?

There are many institutional lending programs designed just for this scenario.

The report is what banks and other financial lending institutions use to determine the fiscal risk of extending loans to someone.

Naahh I was an eccentric, evil fancy NASA, IHMC and Italian Institute Of Technology, robotics scientist creating an army of humanoids, androids and exoskeletons to take over this rotten planed, enslave everyone and practice my maniacal cackle.Twas too easy.

However, the big article of debate is whether or not lenders would institute their due on sale or transfer clause.

Since instituting this policy, we've dramatically reduced the number of tenants that left owing money.

The sponsors handle the debt and I get to participate, without having to qualify.

This is really helpful.William, do you know if the other education institutions in the city, specifically MICA, have a similar listing service?