W I T N E S S E T H :WHEREAS, Assignor has entered into a certain Real Estate Purchase and Sale Agreement with __________ as "Seller" and Assignor as "Buyer" which Agreement was executed on __________, by said Assignor and on __________, by said Seller for the purchase and sale of certain real property being, lying and situate in _____County, __________, and more particularly described in said Agreement, copy of said Agreement being attached hereto as Exhibit "A"; and,WHEREAS, Assignor desires to assign, transfer, sell and convey to Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement; and,WHEREAS, Assignee is desirous of receiving all of Assignor's right, title andinterest in, to and under said Real Estate Purchase and Sale Agreement;NOW, THEREFORE, for and in consideration of the sum of _________ Dollars ($___.00) and other good and valuable considerations, the receipt and sufficiency ofwhich are hereby acknowledged, Assignor has assigned, transferred, sold and conveyed and by these presents does hereby assign, transfer, sell and convey unto Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement.

This money currently earns me about $2250.00 a month but it's PV could diminish if market conditions change making me look strongly at Multi Family RE.The money is in my S corp that is not related to REI.My CPA says to take a Distribution and form an LLC for REI.

Yet, the results of an HUD sponsored study on housing prices in 2004 revealed that (emphasis added), [S]ampled prices for single-family homes in areas of Houston that were (1) zoned, (2) governed by covenants, and (3) governed by neither zoning nor covenants . . .

If you and your wife were both employees of the company, and your company has enough income, you could both contribute, and get something like $90K into the account each year.Actually, the new Solo 401(k)s make this fairly simple.

Reply: Broker(s) both said, and their letters said so.

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Determine which neighborhood(s) you are interested in investing in, and watch/study the MLS for those areas daily.

Do i have to use the P&S agreements even if it's a lot with no house??

You can then assume that the numbers are going in 4's.

You should not have any depreciation on your properties held in the S-corp.