I will write the property under my name and, hopefully, later would refinance it to pull out some cash.We're in a good relationship, so there are no worries regarding stealing money from each other or anything along these lines.My main concerns are tax-related; is that a taxable event, how much, is there a way to avoid/reduce it?

Bigger projects like problematic older malls in good locations are being transformed into medical type buildings close to universities.

Understand the seller's motivation, be willing to forgo/reduce your commission significantly or pay your own closing costs  in order to get the number that works for you.

And also because sellers who haven't owned the property for very long no longer have any equity in the homes with these falling prices and are deciding to simply stay put instead of selling thus reducing the supply of homes available which keeps demand at a tolerable level.Yes I realize that long term historical mortgage rates tend to hover in the 6-7% range, but historical data is only useful data if we live under the same overall economic conditions as when that data was current. 

Schools would be much more efficient if they weren't clogged with poor kids.Government sponsored medical research...unnecessary!

Here's how you figure that...take your monthly gross income and divide by 2.Next add up all your monthly credit payments ie car, credit cards, student loans (unless deferred), medical bills etc.and subtract that from half your gross monthly income.

I really don't know.It's moving some of the cheaper properties off the market, which reduces inventory.

If your income (MAGI - Modified Gross Adjusted Income) exceeds $100K ($50k if single), the deduction is reduced.

His wife was plain skinny and just ill looking, she had medical problems but have no idea what was wrong, whe had a stroke, but said she could work if she could find it.

The only thing I know I might be interested in is building new because I can reduce my cost quite a bit.