classes allow you to track each property without having different accounts for each property, and you can create profit and loss reports for each property.

As far as HUD is concerned, not all departments that administer the program are run the same.

It does make sense that you want to over weight on where you get the highest ROI.

HAS ANYONE DONE A MASTER LEASE OR LEASE OPTION TO CONTROL A PROPERTY THEN RENT OUT TO SECTION 8 TENANTS GIVEN THE GUIDELINES FOR THE SECTION 8 PROGRAM?

CUT THEIR STINKING PROGRAMS!

I typically use this strategy for my clients who are able to deduct rental activities as passive investments and the accelerated deprecation does not put them over the threshold for the passive loss limitations.

I have been told every reason from city codes to the weight of the old shingles.

I am not a big fan of changing layout because you can run into a whole of structural problems running plumbing through subflooring, weight of bathtubs,etc.

On the silly end, I have Enjoy Suduko, WinPoker (a video poker training program), and recently found Nyan Cat lost in space which is a totally stupid but fun time waster.

While the principle is similar, the existing program (EB-5) is for commercial real estate only and is tied to job creation.This new legislation does not appear to have any job creation stipulations to it as it is geared to improving the residential real estate sales market.Personally, I think it's a great idea.