How do relocation real estate buying programs work?
So we’re interested in buying this house. However, there’s an agreement by the seller with a relocation real estate company, to buy the house from them if they can’t sell it after a period of time. We found out we made an offer that is lower than the relocation company. So are we working with the seller or the relocation company? And is this not worth it? Seems the relocation company did not incorporate the expected decline in home prices. It needs a lot of upgrades and needs some repairs too — the reason our offer was also agressive. Any thoughts? Advice? thanks!
I’m not sure where to begin, but here we go…
Right now being a Real Estate investor is probably one of the most frowned upon professions. This time 4 years ago r.e. investors, brokers, appraisers, loan originators were among the “top” professions. Everyone was proud to be any one of those professions. Once the market crashed they packed up and left town without a trace! Now if you tell people you are a real estate investor the 1st thing out their mouth is “OH MY GOD How’s that working for you right now”?
February 13th, 2009 admin 
Can I use an accelerated depreciation schedule for residential real estate investment property?
I understand that I will need to use a 27.5 year lifespan for residential real estate investment property, but it is unclear whether I have to use straight-line calculation or not. I seem to remember there being an accelerated depreciation schedule available for 27.5 year lifespan property in the past, but I cannot find it on the IRS website now. Any help would be appreciated. Thanks.