I'm open to all opinions and suggestions here, as I'd like to make the process more efficient than it currently is.Thanks,Vic

After a period of time investors are allowed to make offers.

There could be a significant period of time where you are an investor but have not ever purchased a property.

Susan,The FHA loan in question is called the 203k loan---will set that aside because of your stated reservations (other then lead paint removal, all improvements that would be required by HUD would be for energy efficiency).

Or do you just have the negotiating rights for an agreed upon time period in which you can re-sell the rights to the contract or complete the sale on your own if you choose to do so?

Pretty much why I was asking on here to see what others may have personally ran into, to me it seems that it's going to be classified as income period and the seller will be responsible for the taxes on that income, only possibly/partially offset by whatever other expenses the seller might typically be claiming as part of their regular tax filing.

When you hold a stock through a down period, you don't lose any actual money.

If they are outside the legal period of accounting just file in whatever local jurisdiction that applies.

Many of us have had our main homes lose equity over a short period of time (some right after purchase) and as long as you are staying put, it really doesn't matter.

Hi guys,I showed a property to a client that was apparently in the redemption period of a foreclosure.