I already am maintaining high quality records for each of my units via Excel, and use a CPA for taxes.

If you let it slide they will test you even more just like little kids to see how much you will allow them to get away with.

. $199K (DID NOT INCLUDE OUR BOA COMP - REMAINED CONSERVATIVE)•LOCATION: EXCELLENT•SCHOOLS: EXCELLENT•CONDITION: EXCELLENT•PRICE: EXCELLENT•AREA AMENITIES: GREATIn my opinion, this house should be marketed at 5%-10% below my estimate which should range from $179k to $189kTHE AVG.

Excellent input and info in here guys!

Purchase: $159kRehab:$10kCurrent value: $210kARV after rehab is complete: $225HELOC for $24k used to buy and renovate other houses @ 2.5%Will rent for $2100 and is in an excellent location close to the new EXXON world HQ.Not bad for having absolutely no idea what i was doing.

I just got done reading the article pertinaing to capturing ALL of the costs incurred when trying to flip a home.Do any of you know if there is an excel sheet set up here that captures these costs?

I used to get aggravated about it, but now it just slides right off my back.

You would however as stated verify your title/escrow company is LT friendly and basically that is a corporate trustee or whichever trustee you use is selling the property to a designated beneficiary ( buyer) via directions from the trust's beneficiaries that simple and the escrow agent would follow that direction as well.I believe each transaction is different depending on what your escrow/tile company will allow so I would "pre-flight" the transaction to see what objections that may have.Just make sure you have an arm's length transaction.Mr Finance Examiner: Excellent reply on your posting on this.Good luck. .

Rather than fixing it/putting it back up, I think I'm going to take the other gate down as well and be done with it.What about having no screen for a sliding glass door?

One of the above mentioned houses I owned for 13 years and rented to only 1 tenant who wanted the excellent school system there for their kids.