If I knew the benefits that come with it I would have went to school for that.Whatever you do DON"T GIVE THE GURUS ANY MONEY.

When you meet in person (if you can) you can work the other questions in via a casual conversation.

There are other lenders doing 3-5 yr bridge loans for owner/occupants and investors (such as this company that another BP poster mentioned: http://www.westmooregroup.com/criteria.html), taking up some of the slack where banks won' t go these days.

Besides, the busy time for the T/B's to come out is after the first of the year.

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He was a teenager at the time and the shoveling of s***t loads of baby diapers out of that crawl space is etched in his memory.

An IRA that has income is subject to the same filing requirements of Form 990, Usually 990-T.

Not quite sure how you satisfy the intent of holding for investment use if the relinquished property and/or the replacement properties are never put in service for a qualified investment purpose.In addition to what Dave T just said, there is a "like kind" requirement to be met as well - so no way to go from a paperclip to real estate via 1031 exchange; but from one kind of real estate to another kind of real estate, now that is permitted in a 1031 exchange.To answer the question raised by Dave T - I believe you can have some kind of raw land that you purchase, and then later relinquish via a 1031 exchange for say a house or apartment building.

Originally posted by Floyd T.:.I figure if I can get a couple flips I could then afford to get the training!