Wendy and her co-authors cover lease options as both a purchase and sale strategy.

That being said, my question is, ive heard many people post and many authors say "DO YOUR HOMEWORK BEFORE INVESTING!"

I'm in human resources by profession and any honest hr professional with good ethics know that it is against the law to hire anyone without authorization to work in the US - it's called the I-9 form.

With all properties titled to you personally you can expose all of your properties with a single action in excess of the umbrella policy.

I have been looking all over the web for site on cheap homes in the California Area (east bay manily) for homes.

Rich Dad Poor Dad - Robert KiyosakiRich Dad's Guide to Investing - Roberth KiyosakiRich Dad's The Prophecy - Roberth KiyosakiReal Estate Riches - Dolf DeroosOther Peoples Money - author???

., is the local housing authority on the hook or like unpaid rent is there a strong incentive for the tenant to pay up so they can get back on the program?

OK- so haven't stopped searching the web for more insight into what NR is really about.

Further, the Internal Revenue Service has also taken the position that if the replacement property is sold immediately after the 1031 exchange transaction then it was not held sufficiently long enough to qualify for 1031 exchange treatment.Little Definitive Authority on Holding PeriodWhile there is little definitive authority on the holding period, in one private letter ruling, the Internal Revenue Service has stated that a minimum holding period of two (2) years would be sufficient to meet the Qualified Use test, and a number of court decisions have been handed down that have also taken the same position (although they have been somewhat more liberal than the Department of the Treasury and the Internal Revenue Service).Intent to Hold is Important Factor The amount of time you hold title to the property is not the only factor the Internal Revenue Service will use to determine whether you had the intent to hold the property for investment and therefore qualify for 1031 exchange treatment, but it is extremely important.

The housing authority has asked that we not disclose this to potential first floor tenants.