Hell, i even had some of my teachers (namely the computer/programming related classes) coming to me for help on a regular basis - how sad is that?

From one that speaks to people in foreclosure on regular basis, one repeating emotional trend I see is embarrassment---in general, folks in this position often act too late because they are embarrassed (pride is another good emotional anchor) with admitting failure...Although I don't market to these individuals, I understand the mindset all to well and believe any marketing campaign to these folks should include the following components:- Discretion/Privacy: Give them an opportunity to learn more without revealing themselves initially---offer a white paper or recorded info-message which would allow these distressed homeowners to learn without the need to speak to somebody. - Hope: Too many marketers are appealing to fear---although fear is a compelling emotional trigger, the majority of people don't want to be reminded what they will lose, they want to be reassured that there is a chance for recovery

We ran the numbers to make sure we would still have some cashflow even with the HELOC when we're done rehabbing because it's at a higher interest rate than you can get with your regular mortgage.

The other upside is once a week I go through the entire week's worth of updated threads, as they are sorted in chronological order.

Hopefully Josh will catch up and update all the club listing soon, but it is a great resource.

One of the fines was for a late return on a check and another for not giving timely updates on the accounts.

John,I updated my profile a little more.

Steve the updates was with server´s time issue in June 2010, all posts before was updated :).

Update your profile so your city and state shows.

However, our AGI is above $150,000 a year, and neither one of us is a real estate professional.Because of that, it looks like I would not be able to deduct any rental property loss against our regular income if I owned a rental property in the "normal way" (schedule E).My question is whether or not it is possible to get around this by forming either an LLC or an S-Corp.