Schedule C doesn't really look set up well to deal with flips and it appears that I still can't get any credit for my own labor.

For those that own rental property, do you use an accountant or a computer program like Turbo Tax to do your taxes?

So if you are getting callers on an ad for a $450 house, they can't afford $550.If, by any chance, they actually do move in at $550, they are already ticked off at you because it appears to them that you lied to them about the rent, and you are taking advantage of them becasue they are poor.

What do you guys think of this program?

I even bought Carlton Sheets program way back when it was on cassette tapes.

Yes that are many advantages of being a first time home buyer for instance if you stop by and check out www.hud.gov/ you will find all kinds of programs avaliable to you.

i think you need to explore the idea of your client building his corporate depth. as an individual he can only do so much. he might have to go to a hedge fund that works with a top ten bank and uses thier funds to set up a wide variety of programs that they as a fund service.

An upside to your fears about extra wear and tear, the whole subsidized housing program is such a great deal I would "think" tenants would be cautious not to ruin the place and risk the chance of getting banned from Section 8.I plan to get started in RE, buy, fix, rent.

As to a company named just PIRE Inc Mr Marquez was head of that dating back to Feb of 2000, and that was based in Lemont, but that was "INVOLUNTARILY DISSOLVED".Not that it helps any, but there ya go.HouseBlues does not appear to be registered for business here in Illinois.

I got a call from someone a few days ago on a Saturday who say’s he is from the EMC Work Out Program and they need a $300 admin fee paid via western union in Texas.