Just be mindful that the 401K distribution will be subject to A) Federal TaxesB) 10% PenaltyC) State TaxesIt may be more advised to take a 401K distribution in a year where you are not making as much money as your overall taxes might be lower.The question you have, is will the return on the real estate that you purchase, out weight the return that you will get in the stock market that it is invested in?

It sounds like the problem may be with the Assessor's office and not the settlement agent. 

I am an experienced real estate agent/investor based out of Columbus, OH, but spend part of my time at a family house in Ellicottville, NY.

But, the one person who does want to sell, saves $20,000 in real estate agent fees along with $10,000 in repairs and saves the uncertainty of how long it will take to sell on the MLS.He then fixes up the property and sells it and makes maybe $30,000 and sends out another mailer that costs $1 a piece to send out.

Hey curious to get seller/buyer agent or lender thoughts here:In the RE/lender world, is client “gifting”, a common practice with agents, clients, lenders, or general contractors?

As an agent, I truly agonize over it.

I've spoken with several lenders and agents over the last month and have locked in some contacts.

Tax starts at the federal level, then funnels down to the state, we will just have to report IN income to IN. 4- This is where you will get the most bang for your buck when choosing who to work with.

Note: My elderly mom is both an agent and broker in Fla. 

First and foremost, a good title agent is really key.