We are rehabbing an property that we will occupy when finished, what parts of the work etc can I deduct or use to minimize tax exposure on the property?

Wait, so, is it important because you need more than four or because of financing for your investors who buy from you?

If you recently purchased the property then you will have to wait the 90 days, not many routes around that issue.

Pay cash for a multi-family, rent out, then either wait to get my return on investment or sell for decent profit, and then repeat the process to buy more multi-fams.

Two years of on-time payment history is generally required to minimize the impact of late pays.

The real question is, is this the problem being solved or are we just going to quit filing foreclosures to allow the housing market to heal, or are we waiting for Fed Gov to buy these assets. •The more people that can stay in their homes and start paying on their debts, the faster this ends. •If the trend continues down thru 01/2009.

I don't think they'll wait till January.Think about it this way, if other real estate investors slow down on marketing during holidays, it's your chance to gain some market advantage.

I can't wait to sign the papers, get the keys in my hand and go over and wash/paint the walls, do the minor repairs like add a railing to the basement, etc., If anyone else going through the process of buying a foreclosed home, hang in there.

So far, he has moved six families into foreclosed homes and has nine on a waiting list."

And then to stop paying for my house, and wait for the foreclosure.