Hi Mathew, thanks for asking about in effect the tax treatment of non refundable option payments, rent credit etc!!

As it stands now if you were to proceed and she stopped paying you would end up with a tax lien on your property you now have to pay effectively setting you up to pay 55K for the property.

This is very revealing and effective.

For those of you in TX as a licensed real estate agent, you are probably know as an agent, you are required to use promulgated contact in the RE transactions.

The article I co-wrote with him can be found by following this link:http://www.biggerpockets.com/blogs/2997/blog_posts/22522-8-habits-of-highly-effective-inner-city-landlords

Byron Broadnax You obviously haven't gained the experience you need to be able to do such a transaction.

For example, Heaton Dainard charges a $250 desk fee and only a flat $250 for each transaction.

Some of the topics I was looking to get more info on are:-New legislation passed here in NV AB300, SB321, also the new law that will allow underwater homeowners to short sell their homes to themselves without an "arms-length" transaction disclosure being required.

I've had very good experiences with Postlets for both real estate and non-real estate transactions.

Hey Scott, I don't specifically know the Seattle market but will assume like most metro areas it will be similar to where I live in San Diego.Most major metros like that you will not be able to effectively cash flow.