I currently own a 2nd/guest house along with my primary res.

I think ToneyJ and "guest" both have it pretty much right.

:groovy:You should find out if there is any active or pending litigation against the HOA.

johnmichael: I have been using realtor.com since the late 90's for farming expiredsjohnmichael: You sign up for their service it's freejohnmichael: You farm out your property by looking at active listingsjohnmichael: You save any properties that look like a possiblejohnmichael: 10 to 15 per weekjohnmichael: you check back in a week you will see in red listing no longer availableDan_Auito: maybe go to the library and look up six month prior ads and give them a buzjohnmichael: So how many listing where their last yearjohnmichael: Over 42 Million Homes Listed For Salejohnmichael: So how many did I say that sold last year?

But if you're not a professional, here's how your rental loss could affect your income taxIf you actively manage the property and your adjusted gross income does not exceed $100,000, the rental loss (up to a maximum of $25,000) could be deducted from other income such as salary, interest, and dividends.

Second, I've started actively manage my money.

The agent comparative market analysis indicates that activity is brisk in this community and houses are selling pretty fast.

I believe that the policy of NAR is that real estate professionals should never discuss or re-veal their intentions concerning fees or other competitive business activities with or to competitors.NAR states; “Real estate professionals should never discuss or reveal their intentions concerning fees or other competitive business activities with or to competitors.

I hope you decide to become an active member of the forums - we can use good people like yourself to help out within the community!

I understand the poor very well, since I was charged with oversight of over 1200 public housing units as a commissioner, a very active commissioner at that!