Yes, we have a number of solid, hard-working Americans.

The amortization schedule has nothing to do with the length of the loan, just the mortgage payment amount.My only thoughts if you take title and flip would be to 1) have enough time to re-position the property (ask for 24-months even if it is just going to take 6)...you can always reduce this if the seller hesitates, but you can't undue a 6-month balloon if the market turns and you can't sell and settle the balloon. 2) You'll have a lot of costs, so be sure your ARV and repair costs are there...you may have attorney fees for drafting the deed/mortgage, closing costs to close when you take possession, renovation costs, holding costs, and when you sell, you may incur many of these same costs again...if you use an agent or list, you'll have RE commissions to pay...and you'll be taxed under ordinary income rather than capital gains...maybe 30%+...just some things to think about.My approach is always to control even if the cash flow is not there because future equity is more important to me than cash in hand (but 99% of investors disagree)...it's all relative.It sounds like this one will be a good learning curve, so even if it doesn't turn out to be a stellar deal, you'll benefit from the knowledge of this transaction. 

With just one weekend to go before most tax returns are due, more than 90 million Americans have already filed their forms and claimed $183 billion in refunds — leaving nearly half still to cross the looming Tuesday, April 18, deadline.Here are some last-minute do's and don'ts that can save advisors and clients stress and potentially lower a tax bill.DO answer all questions on 1040DO consider whether an amended return is necessary.DO top up certain retirement accounts.DO know what the deadline is for a Roth conversion.DON'T overpay taxes on Treasury bonds.DO have a handle on 1099s.DON'T annoy financial advisors and accountants.DON'T cheat.https://www.accountingtoday.co...

They are also defrauding the government and American people as a whole by not paying their fair share and may even be receiving benefits due to lack of reported income. 

If she qualifies as a RE Professional, she then needs to “materially participate” in the activity to deduct the net tax loss from ordinary income.

BP Agents,I recently read a statistic from an American university that said 81% of people respond to direct marketing efforts on the 5th contact.

American Home Shield is the only company I have had experience with recently.

However capital gains are taxed differently from ordinary income, in your case they are taxed at 15%.The ~$25k in suspended passive losses will offset the capital gain.

Most REITs, although their dividend yields are attractive, are paying ORDINARY dividends (versus QUALIFIED dividends). 

I like my Lowes American Express.