If a buyer incurs an expense in acquiring a property, directly related to that transaction you may be in violation of loan settlements, cost disclosures, tax claims as to the true basis, the accounting requirements for settlement and could get sideways with TILA issues.

I have not made any investments of my own (other than building my house) and can't wait to get started.The reason I am leaning towards flipping houses is because I am good with my hands and find that my return can be directly related to how hard I work sounds promising.

Also, a wind mitigation inspection will determine cost related to hurricane coverage, and they really can't give you a hard quote without it.

If you don't you run the real risk of just increasing that mess faster than you are able to increase your income.While you are doing that, you need to read everything related to business and real estate you can get your hands on.

I am relatively new to this site, new to investing, and new to the state of Georgia (Can I be ANY greener?

page=1#axzz2rQTi3H9wI've followed other cases, too, and most all seem to be related to blatant, over-aggressive and wholesale application of this law.For the living, this is a painful situation to be caught up in.The major takeaway is that A.P. is a tool of last resort, not an objective to search for scenarios to apply this law (which is available in all 50 states).

However, the situation you described did involve related parties, so, gift tax issues came into play.  

Jason Munck I can relate very well.

I live in Northern VA outside of DC and also own and rent a condo about 15 miles away that i have rented for approximately 6 years. it's been relatively painless as far as being a landlord over the years until recently.

My demo crew is relatively cheap, they get the job done in ~ 1/2 a day and they take care of the haul away.