let me begin by thanking everyone involved and particapating in this website!

Primarily I'm involved in the finance sector of the business.Currently I'm doing mostly pre-foreclosure bail outs and high volume REO pools (straight to the banks and straight to the money).

So, if you had one account that had a bunch of stocks as well as a house, and there was a prohibited transaction involving the house, you would owe taxes and penalties on the stocks, too.I'm not a lawyer or an accountant, so your mileage may vary.

It seems like you've decided to share some articles that you've written and posted elsewhere on the net in your recent posts . . .As someone who seems to have a strong background (I can only assume from your article posts), it would be great is you were to get involved in some of the discussions going on here on BP.

Although my dad was involved in numerous real estate investments, nothing rubbed off on me except the desire to do it.

Small ladderI found over the years that if I work with a plan, which involves looking at the whole house first, before doing anything, I've been able to do a complete "make ready" on a 2000 square foot house in just a few hours of work, instead of jumping right in and starting a mess before I've thought it out.Starting at the room farthest from the front door, and using your checklist inspect each wall, the floor, ceiling, baseboards and doors.

now with this in hand, contact every creditor that was involved and send them a copy of this decree.

Buying before the auction involves buying from the borrower/owner who is about to lose the property.

Likely the buyer will want to pull out rather than get involved in a mess.

As John said, the buyer will view you as a seller.Now normally in a wholesale deal, official inspections are rarely involved.