It seems to be a popular method to get conversation going.

This makes sense for me because I pay very little in federal taxes anymore anyway...so the deduction has very little benefit for me.

For federal tax purposes an LLC is a non-recognized entity.

I tracked down the previous buyer he told me he put $10,000 in the house but a federal agency told him he couldnt use the rest of the land.

Ask the accountant Rich Weese's favorite accountant question: How much did you pay in federal income taxes last year?

As taxes continue to go up, self directed IRAs will become more and more popular.

Any lease that is longer than 3 years violates the clause as well:The federal regulation (12 C.F.R. 591.2) says the due-on-sale clause is triggered by:“...transfers of real property subject to a real property loan by assumptions, installment land sales contracts, wraparound loans, contracts for deed, transfers subject to the mortgage or similar lien, and other like transfers.â€Andy is right that it is exceedingly unlikely the note will be called, but you should be aware that the lender can, at their option, call the note if you offer an option to buy with the lease.

Regardless of the hype most people are not eligible for an offer in compromise.There is a statute of limitations on the collection of a federal tax debt which is 10 years from the date of filing or April 15 in the year it was due which ever is later.

They are not "illegal" per se, but my understanding is that because of the intense scrutiny from State and Federal regulators (because of mortgage fraud that has taken place over the years), most title companies prefer not to conduct simultaneous closings any longer (even if you have a cash buyer).

I am a Finance Director for a Non Profit and I would bet that there is not a soul in India or China that can fill out the Federal Grant Applications, the Federal Reporting Requirements, the required CFDA forms or a myriad of other state and federal forms for my job.