Damn over-regulating Republicans!

Originally posted by Gene Hacker:Justin,What service do you use to auction off last minute vacancies?

They are charged with the inspection and audits of banking institutions AND the enforcement of RULES, REGULATIONS AND LAWS .....PERTAINING TO BANKING.

And regulations out the ying-yang.

The SAFE Act is new and we have not seen what HUD or any state has ruled in such cases todate, to my knowledge.Also, having any amounts of the lease being credited toward the purchase price is against HUD regulations and will result in your buyer losing any subsidies received under any HUD program.It remains to be my opinion that guru programs are designed to make the guru successful, not you.

Depending on the response you get, you could report them to whatever entity regulates their license in your state.

This is a paper expense, so it doesn't cost you actual dollars.Most of my properties are cheap too, but I have a few expensive ones that really help me on my tax bill.If you really want to step this up, look into becoming a "real estate professional" per IRS regulations, and depreciation can become a huge benefit.

Thanks Gene for the recommendation I just picked it up today and will begin reading.

Hell, they often do the wrong thing even when they are regulated.Without regulation, these fields would be teeming with fraudsters much more than they already are.

Then ask the building regulations office (avoid that inspector if possible) and get an answer.