"The final rules are the result of several months of advocacy and collaboration between NAR, our members, and the administration," says NAR President John Smaby.

According to IRS regulations, "Under the final tangibles regulations, you may elect to apply a de minimis safe harbor to amounts paid to acquire or produce tangible property"My understanding is that tangible property includes both personal and real property, but then in other discussions, people reference this election is only for "tangible personal property". 

I can get you in touch with the President of that company. 

I don't see anyone wanting to be that leader, I don't see a major change in 2012 unless Obama tries to buy the election with tax dollars.

Organize a meeting with the neighborhood and the developer to express your concerns and have as many elected officials who have an impact on the zoning present as possible to show the influence you have.

I believe some President said that. 

I have not elected to be treated as an S Corp at this time.

We recently had the president of FREC at our local real estate investor group, and the question was asked if wholesaling is legal, and the anwser was....pause....wait for it...."

There is rules/election involving adjusting the value of the asset in the partnership after the buyout and more.

I just established a partnership with a former bank president - he has the money, contacts, leads, etc. - but not the specific experience in private lending.