Have done well with everything - REO's banks want to close out before end of year, owners who want to ring in the new year without the burden of a home, commercial property owners who want to offset a loss or gain this year, etc. 

We are at loss since we are paying for rent for current house and also mortgage and insurance and other charges of new house.

That's assuming you incur no other losses - and there's a lot of expenses I don't see here.

Violation of Dodd/Frank could result in loss of your house. 

He estimated the cost between $10K-$20K.I'm devastated with the loss and relieved that no one was hurt and very grateful to all the firefighters who put the fire out. 

The MFU profits will be reduced by this abount and thus "making it right" becomes these losses reducting my taxes. 

Well, I disagree, it only goes to real estate as far as the foreclosure, no doubt, this one was a larger fine being imposed.Point missed is giving instruction that causes a loss and legal issues with those being taught, they are the consumers, there is the underlying issue.I didn't see any wholesaling issues, but I'm sure I can add "yet" to that. 

I think if you don't care about lease loss or making any profit, they are fine.  

If you are able to find someone in the area interested, you could very well minimize your losses by selling directly versus listing it.Similarly, should you decide to fix-up the place, then you'll have to come up with the funds to do that.  

Loss mitigation remedies that are often wave 1 and wave 2 type things can also have deferred interest that linger.