Supply / Demand and the Shadow Inventory: In a report published on May 30, 2013, "Joint Report on Federally Owned or Overseen Real Estate Owned Properties By U.S.

Michael Galloway There is an attack on owner-financing on the federal level.

Bryan A. it seems to be a common misconception that the amount of cash left after paying off the mortgage is somehow related to the taxable gain on the sale of a house.

You can use the provisions of Section 121 to exclude profit on the sale of your primary residence from capital gains taxes, while the sale of the rental units is a taxable event.During your period of ownership, you decided not to simply depreciate the entire rental property (excluding land) over 27.5 years, but instead you segregated your rental units into different components and allocated your cost (depreciation basis) for the entire property among the 5 year property, the 15 year property and the 27.5 year property.

But, deed restriction law is pretty solid and unless you're willing to challenge it at state or federal level (spending hundreds of thousands or millions of dollars), I'm not hiring a lawyer is going to help.Now, if all the lawyer is going to do is plead your case (exactly the way a non-lawyer could plead your case), I would save the money and just have someone who is well-spoken plead your case for you.

And this is from EPA regulations, so it is federal law that affects ALL states.

I'd check with your broker to make sure they are creating files with evidence that all your investors have sufficient assets per the new law.It is not just CA, but Federally, I know exactly what you are saying.

So as long as you have equitable interest you don't need one but you do want to contact a qualified RE lawyer especially one familiar with investing and see what laws there are concerning wholesaling as each state has certain rules you need to follow such as Pennsylvania and their transfer tax rule.Second as far as venture capital you might want to check state and federal security regulations on this as you probably need to be SEC reg'd and have a PPM in place in order to secure venture capital.

I'd say there are some federal issues here. :)

We pay federal and state at the personal bracket level?