Maybe on of of neighbors up there can chime in on this but that's the way I understand it, it was reported on the regular news that Fox had been banned some years ago.

HI Stephon, Great news and way to go!

So this recent news sent to my email from BP with a link to:http://www.biggerpockets.com/renewsblog/2013/01/01/fiscal-cliff-real-estate/Says:Additionally, the passed bill included an extension to keep tax-free the sale of a primary residence for American homeowners who profit $250,000 or less ($500,000 for married couples) from the sale of their home.

What about the news with Bank of America trying to sell hundreds of billions worth of mortgages to get them off their books.

when I heard the news.

You would be shocked how fast news travels that your cheap when it comes to commissions.

The good news is, most of the problems can be avoided if you have a good plan and take the time to do things the right way.

Good news is, the cost for a custodian or trustee can be much less than for RE done fore loan purposes, so inquire if you must.....PS.

This was news to me since the house is vacant and I haven't even talked to anyone about renting it.

You have to follow the news, watch the stats, and pay attention to the market.