SAD BUT TRUE!

So you would need to show that by having this property fixed up and rented the city is going to attract residents that will want to spend money in their city (shopping, dining, drinking, etc...), you will want to show a trend in neighborhoods that have gone up in value have increased the city's tax revenue over time, etc...While I am no expert, in the past, that has been the best route that I have seen to get discounts.As All Cash points out, having someone who used to sit on the board that makes those decisions is always a great route to go as well.

Couldn't be more true.

ad in today's paperDuplex$35,000fully rented $450 and $490I said that's to good to be true as I'm dialing my real estate agent.

Further, we are assuming you have no down payment (if any of these things are not true, let me know and we will work them in during a future post).In 20 years you will have taken cash profits:$200 per month = $2,400 per year = $48,000you will have paid off the mortgage and now own the property free and clearWho cares what it is worth?

Yes this is true but you do have to account for the deduction amount when you sell the property, mind that is if you sell the property.

This is not true nor is it the proper order that a property gets listed as a short-sale.

I am sure that is true, but it can not be done by having your parents contribute to your account or anyone else for that matter as Jon said.

True knowledge like on these boards happen when people are able to just sit and chat.Our club here in Chicago, we normally have about 30-40 people meeting up for dinner before, then about 80 or so going out after the meeting.

We are shopping for a home now and are not in the position to leave just right away.I assume we have time but don't know the legal aspects of being obligled to leave.