Quote from @Greg Geaski:  I have never experienced this or heard anyone that has been in this position.

Long story short I purchased a home in an overinflated environment for $500k.

Buying, fixing, and flipping REO properties is a solid strategy, but success lies in preparation.

The syndications that are going belly up are getting a ton of attention in these forums.

If you manage homes built before 1978, there's a key regulation to be aware of: the Environmental Protection Agency (EPA) requires property managers and Landlords Nationwide to be certified in lead-based paint handling.

A South Korean company that supplies Tesla is inching closer to a transformative project - codenamed "Project Motion Forward" south of Austin that could make the company Buda's largest private-sector employer.Futronic's potential project is part of the continued "Tesla effect," referring to how electric vehicle suppliers have flocked to the region in response to Tesla's mammoth presence in eastern Travis County where the Elon Musk-led company has a huge factory and headquarters.

Are there any tax implications since it’s currently in an LLC and will be transferred to our personal name at close?

The median home price has dropped by $80k in 8 months, days on market has gone up by 800% in 2 years.

Uninterested in keeping the home.3.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.