These include notes, loans, or even precious metals if you're so inclined; not anything requiring numerous checks per month.Jeff

http://www.biggerpockets.com/forums/311/topics/65199-where-are-foreclosure-auctions-held-in-orange-county-ca-

LL held liable because hot water heater was set too high.

[LINK REMOVED]Jeremy,Since a business entity would get the same deductions that you would get if the property is held in your own name, the pass-through business entity is (at best) tax neutral.

Even then, the ratings agencies were well behind the wheel on downgrading the debt of the big players who held a lot of the debt (AIG, Merrill, Citi, etc) I read that Countrywide went bankrupt after never reporting a quarterly loss during the crisis!

How long do you think it will take to be a HUGE issue to every person that is holding or has held a mortgage in the past 5 years?

However, the property must have been held for a minimum of five-years beginning on the date the duplex was acquired and the one half duplex represents your principal residence aggregating two years or more.

I'm certainly no attorney, but my guess is that if the property is held as Joint Tenants and there is no divorce decree (or other judgment) awarding ownership of the property to just the wife, then there is no way she can sell it without her husband's permission.Again, that's not legal advice, just a non-expert opinion...

Everybody knew in 2004-2006 if they held a house for one quarter the price would appreciate and they could refi to another teaser rate loan, take more money out to do fixes or leverage for more buys, and then also by boats and airplanes.

Oh, btw, that office was used by me for 6 months in 72 and then I bought 30,000 sq ft on Chapman ave at the 57 freeway and named it after myself, held seminars, got wealthy and retired.