But, from September 2010 to March 2011, I foreclosed on 8 properties, and, following advice from property manager/realtor, listed most of them for sale shortly after acquisition.So I guess both of you agree that I should add it to the basis.For my notes business, I use the Cash method of accounting (I believe).

If I never follow through as a RI but I never again pay FMV won't I pay for that course a 1000 times.

Mic, My short answer is the following:1.

See chapter 16 for information about ordering the form.Election to postpone reporting until the following year.

I've done a LOMR on 2 residential properties...The process is as follows:1.

My story is pretty well known on BP and I actually retired and walked away from having to continue working to survive at an early age.My timeline is as follows: 1.

Letters and bandit signs in a concentrated area spread out over a consistent period have always proven strong in our markets.

You will use this percentage to figure and multiply it by the following household expenses: maintenance, interest, property taxes, insurance, and utilities.

Here are a few I follow - 1.

The counties are the ones who actually sell the tax liens, but the state creates the laws that counties have to follow.