A couple of condos I entered escrow on fell out of escrow due to these exact reasons.

Here's the run-down:We entered escrow on 4/10 on a condo unit in Southern California.

This one was like entering a Poker Tournament.

What it sounds like from the local "in the know" CPA is that the following "related party transaction" should occur as follows:1 Agent and 501(C)(3) enter agreement dictating that a specific amount of money will be donated by agent from "qualified transactions".2) RE agent generates a commission from the sale of a "qualified transaction".3) Agent donates predetermined amount of money to 501(C)(3).4) 501(C)(3) realizes this income as non-UBI, agent expenses the amount paid, so there is no negative tax implication for either party.Does this sound plausible and accurate?

I still make mistakes :jawdrop: , but its because I've entered a lot of different areas and expanded to different parts of RE.My biggest mistake cost me $12K.

I've been to a few meetings here and the first thing you see when you enter are the tables with the upsells.

Also another tip ... have a letter or something from the owner allowing you to go in the house, just in case the police drives by and see you or an unknown person trying to step into the house.I always gave maintenance people, visitors, etc, my business card and a statement affirming that they were allowed to enter the premises.Believe it or not, they thanked me!

Know the area you want to invest in, you could enter the first part of a legal description, say souther Hills Block and see what pops up.

That's another thing that usually precedes entering into discussion.

Why should you care you just made 6% for entering some info in some software, taking some pictures and sitting back waiting for the phone to ring.