Hey charles the one thing I like about the most is that it keeps me well organized.

., loan mod, forbearance, how many payments behind they are, is the property located in an area I can resell in...etc., there is so much we look at before we even agree to a flip.I have one short sale right now that I'm SHOCKED at the price we are selling it for.

I also wish there was a better organization of topics.

When any property held for the production of income by a tax-exempt organization or IRA or Roth IRA is disposed of at a gain during the tax year, and there was acquisition indebtedness outstanding for that property at any time during the 12-month period before the date of disposition, the property is debt-financed property.

apparently there are 2 ways to treat your IRA funds- one is to self direct the IRA and i was advised against it because of the higher number of restrictions and the other is the roll off the funds into a C Corp within the IRA. the caveat is that the directors have to contribute to a 401K, can also take compensation and pretty much engage in any legal business....no early distribution or penalties or tax implications if u do that....still stays within the IRA domain....here is the correspondence from our guidant advisorreal estate can be acquired with the same 401k structure we discussed before and allow you to purchase rental properties; buy, rehab and resell foreclosed homes; or even a real estate business like a hotel or a campground.

:D Scott and others on this thread,I know in Northern California, Sacramento specifically, which is where I'm from, the 90 day deed restriction rule Scott mentioned still applies to REOs for FNMA/FMAC.I'm deciding whether to accept or pass to the next deal on this current FMAC REO I have in the offer stage.If I have to wait 90 days, I will do the rehab and try to resell at or close to FMV.

Once I become the holder of the fee simple title I; then, resell MY property using the same listing agent.

Once I become the holder of the fee simple title I; then, resell MY property using the same listing agent.

I also have some videos up on youtube that you can see, send me an email and I will send you the link.BTW, if you are looking to do flips, we are always looking to work with investors that want to buy the property, and we will rehab it and resell it for you.Brian

sidenote, is it illegal to organize a run?