I don't think that will happen, but I recognize the possibility.

I also had a client that wanted to take a copy to their attorney.

I have a potential client who has a 2nd note on his mortgage and his home is about to be foreclosure.If his 1st note is being foreclosure, will his 2nd note be wiped out?

In other words the BK attorney would pay you for this service, for their client, just as they would pay for any other outsourced service (ie. court reporter, paralegal, etc.).www.habitatmediation.com

If you are interested, please contact me directly to discuss.Valley Agent Criteria:A self starter, but not someone who is ambitious enough to go out on their own… Knowledge of SF Valley and Thousand Oaks/Simi Valley (member of SoCal board) Someone who understands the rental market (acquiring low price properties that demand high rents) Experience with Winforms and MLS Investment property experience Computer savvy Home office with fax, email and a windows operating system, Outlook (not MAC) Someone with an existing book of potential clients Someone who knows the neighborhoods intimately in the SF Valley and Conejo Valley

I am a commercial broker and a buyer's mandate for a few clients chasing the REO dream.

Or, if you had 10k passive loss year 1, and 7k passive gain year 2, you could deduct 3k loss from earned income year 1, and year 2 would be a wash.There are other ways to create unlimited passive losses against ordinary income, however you need to be a real estate professional (as described and recognized by the IRS) which means you have to meet two requirements: 1. you spend 750 hours per year minimum on your real estate business, and 2.

At any rate - our company is working hard to find a lending resource that will service our deals and clients properly.

I have about a dozen other clients that had the same thing happen as well.

The clients were screwed out of a month's rent on one property that they know of.