I understand that this number is low but it is because of write offs.

However, I don't care, I still have them come to the property and create competition for my buyers....the ones who write a nice paycheck on the spot to lock up my property.

Would you be willing to write the contract with an inspection period of 3 days?

To request IRS approval to change your election, write to the IRS at the following address giving your name, address, identification number, the year you made the election, and your reasons for wanting to change it.

Now the lender is asking for my tax guy (my grandmother doesn't file taxes) to write them a letter explaining why she doesn't file taxes and so on.

Travis- Thanks for the nice e-mail and writing something in your colleague request.

My question is, can I still get properties at good enough discounts to market by writing a lot of offers and offering cash?

I have used a bump gun and picks both with great success, just got into a vacant property last weekend, with owners permission in writing, to check out the condition.

Wow,So in this scnario Kyle for the bank it is a total loss or write off?

You can not pay yourself for a personal use property to write it off.Steven C Hamilton II EA