This can be really tricky because when you start getting bids, you'll have a WIDE variation in the bids.

Although your poetry is correct, the ONLY purpose in business is not to make $.

Your friend is correct, as I’m sure you will find out when you meet with the lenders. 8)

So the politically correct term for these developments is not casino, but Integrated Resorts (IRs for short) :D

Georgia also conducts tax deed sales, rules and times vary based on county Bidding Process All tax deed sales are by competitive bid State Specific Information Georgia is a good tax deed state but the auctions happen often and the foreclosure process in not easy http://www.tax-lien-certificates.com/tax_lien_certificates_georgia_ga.htmlhttp://www.nuwireinvestor.com/articles/georgia-tax-deeds-51021.aspx :beer:

I've looked at numerous bank owned houses that were illegal (yes, that's the correct word) duplex'es or even triplex'es.

Is that correct?

I'm glad I was "sorta kinda" on the right track.Much appreciated, Oh, would I be correct in saying that I would be treating the profit on this as regular earned income and not some other more complicated thing?

Chattel appraisals or cost segregation are not only recognized by the IRS but if you file this way you have to fill out a form stating you are changing from incorrect filing to correct filing.

Would I need a preapproval letter if I have ready a HELOC equal or above the bid?