How should I report the transfer on my return and on the LLC's?

There are disclosures and specific forms that must be used, but its perfectly legal to buy a house in foreclosure and "flip" it to another investor or fix and flip it or whatever.As I understand, Maryland has laws that say you must return 82% of any profit to the former homeowner.

After all, doubled profit will return to you afterwards.

He has not returned any of my calls, the only thing he has done is have some kid that works in his office call me back one time.

Half of my kids will be attorneys specializing in contingency cases.The other half of my kids will be attorneys specializing in drawing up deeds, writing sandwich lease options, evicting tenants, creating LLCs and land trusts, and so forth.And the last half of my kids will become politicians.Man, can you spell 'return on investment'?!

Don't be afraid to ask for tax returns; get a credit report; do a criminal background check; and ask for proof of experience.

I got a store credit for $160.I always think of this whenever anyone brags about the great percentage returns on their deals.

If I were you, I would immediately return the $114 for the entire time she's been there and have her sign a form saying that you're cancelling the agreement.

Just food for thought.In addition to HML, there is private investors such as IRA holders (self-directed), people with $ in CDs earning tiny returns (compared to RE), family, friends, associates, etc.

I am starting out in commercial real estate as a broker and i was wondering what type of software you guys use to create marketing packages and if you use other software to aid you in researching properties and numbers.Do you have something to create charts and show returns over the course of the investment?