This monetary policy is intended to lower interest rates. essentiallywhen you print currency your devaluing it causing prices to increase (more dollars chasing fewer goods)also lowering interest rates has a stimulative effect to increase pricing because people borrow moreAnd it will make consumer goods and asset prices more expensiveThe people that survive and thrive during inflation are the ones that are buying assets and I believe low down payment loan programs are great for buyers just getting started and for buyers who already own property.

("A real estate broker, for the purposes of this article, is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctions of any real estate . . ."

Hey Victoria,So there wouldn't be any sort of income taxes related to this transfer of property as it is not considered a sale or exchange. 

@Sam Liu you might consider Reverse 1031 Exchange to avoid some of the challenges you mentioned you faced with timing and traditional 1031 exchange. 

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

With this said, I would never do this for a rental so this is a rental (tenant moved out) that I plan on selling using a 1031 exchange on soon and the garage floor has lots of cracks and stains so I want to make the floor look nicer.  

And if they are, and you have not sold your property interest, explore common strategies like 1031 exchanges.

You can exchange ideas with your agent and have him work something out with the other side through conversations but once you all agree on a plan you MUST GET IT IN WRITING so everyone is legally bound and your EMD and interest are protected. 

I would recommend finding someone in your market who is already flipping and being a resource to them in exchange for knowledge.Wholesaling is a completely different business, with 80% of it being marketing and sales.