I have looked at many distressed houses around our area recently, my focus is flipping single family residential w/ a backup plan to rent it out if things doesn't work out.

Also, now that we have email and the intrenet, it may not be necessary for your CPA to be located in the area, just so long as they are up on the taxation of your state.I suggest you ask Charles Perkins here on BP as to what to look for given your specific circumstances, he is in Washington state and probbaly knows CA issues and CPAs there.

Hey, I am new to the wholesaling arena and figured this would be this be place to learn more about wholesaling. Any input would be appreciated. Thank you.

The following are excerpts from an article on Reuters.com:"Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to forgive a portion of the mortgage debt of millions of Americans who owe more than what their homes are worth...

In Washington, it is necessary for the landlord to send a letter explaining any deductions with the check within 14 days of move out.

This is what America is supposed to be - grass roots politicians taking out DC's groomed sycophants.Tim

(He is a close friend - I do not recommend letting tenants work for you).If he works in exchange for rent, does anyone know if he is classified as an "employee" and thus subject to FICA tax withholding, workers comp, or industrial insurance (L&I in Washington State)?

Hi All,We're looking to network with other serious investors in the DC Metro Area.If you're interested, send me a PM.

The people in Washington think they know how to spend YOUR money better than you do.

Are you a native Washingtonian of that other Washington or Washington state?