I'm not able to help because I don't know NV laws.

Scamers are very efficient, and they practice the "funnel theory" - they send out feelers to millions of people and hope to draw 1 in 100 into the funnel.

Sorry.I've attached the very simple spreadsheet that does the calculation.I think this "1% rule of thumb" may date back to before the passive loss tax law changes.

Try getting a job at 70 despite AGE discrimation laws.

I understand that the law is going to vary state by state (Hello Oregonians!)

but in La it's easy to get more than 20% b/c of all the damage thanks to katrina. the sellers here are stubborn though..i know a $5k or 7k deal has been done here and there(i'm still working on my first) but, and i don't care what anyone says, wholesaling is easy in theory but difficult in practice..any Louisiana wholesalers on here wanna back me up on that?

I have been told…That it is a good practice to give everyone you have gave over $600 a 1099.

A simple law of physics states: Every action has an equal and opposite reaction.

So, this still falls under the old foreclosure law.

As a licensed real estate agent, you are held to a higher standard in any real estate transaction.Most states' real estate laws are very similar but I know in Texas that you always have to disclose that you are a licensed agent.