Is there a set of tests to determine whether or not the venture is suddenly "active" and thus subject to UDTI?

The land owner paid about $9 million for the underutilized and nearly vacant property and received minor residual income for lower intensity uses that were currently operating on the site.

They are not "illegal" per se, but my understanding is that because of the intense scrutiny from State and Federal regulators (because of mortgage fraud that has taken place over the years), most title companies prefer not to conduct simultaneous closings any longer (even if you have a cash buyer).

In order to test this theory, hire a flat-fee broker, put the property in the mls, and offer a typical 3% commission.

, so I threw my first idea out to test the waters.

Took the class, passed the test, decided not to license because I do mostly rentals anyway.

Eric forwarded me a copy of the article, since I informed him that I am able to post documents as part of some testing going on at BP.Unfortunately, the article in question is copyrighted, and Josh would not want to support any form of copyright violation.

Only only do you have to pay a few hundred bucks for the test, a few hundred for the state license and a thousand maybe for the MLS access.

It is likely many banks would not pass the govt stress test if their shadow inventory was sold (for lower values) and converted to lesser amounts (in cash) on their balance sheets.

Here is the stain video on their site:Stain Tests - LatitudeI'll check out Trex too...