I have hours and hours on my hands, to help you follow up, make calls, learn a trade ( I am handy with a hammer and nails, and I learn fast OJT )..

Then when I decide to execute 1031 exchange, I wonder how does my home equity loan impact the value I must carry over to my replacement property?

J E Hutchens

Just saw this post.http://www.realtor.org/videos/the-voice-for-real-e...Sounds like it is possible for the Federal Government to do away with the price limit that vets have when applying for a loan.

Hey @Garry E Grant welcome to the site!

For most acquisitions, the HUD-1 has only a couple of line items that can be expensed on your Schedule E.  

Hello everyone,  My name is Robert Williams,  I am a beginner Real Estate Investor looking to learn the process and tricks to the trade.  

IMHO, a more effective and longer term approach is to work with local trades and businesses to hire and train local youth to rehabilitate distressed properties and reintroduce them back to the community at affordable prices.

Violation incurs not only penalties under the Property Code (return of all payments made by the buyer including monthly payments) but potential liability under the dreaded Deceptive Trade Practices – Consumer Protection Act (“DTPA”) which can involve treble damages plus attorney’s fees. 

Would not trade it for anything but the first few years were more fun.