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The Dirty Little Secret Of Non-Performing Notes

by Don Konipol, MBA For investors considering investing in non-performing notes (NPNs), a.k.a. non-performing loans (NPLs), that are residential and owner-occupied, here is how a typical situation plays out. A bank, bank holding company or asset management and disposition company puts together a package of, say, 1,000 NPNs and asks for bids. The qualified bidders are the major hedge funds, private investment partnerships and private equity …

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The IRS Guide for Selling Your Home

Useful Information! Source: http://www.irs.gov/publications/p523/index.html Publication 523 (2012), Selling Your Home For use in preparing 2012 Returns Table of Contents Publication 523 – Introductory Material Future Developments Reminders Introduction Ordering forms and publications. Tax questions. Useful Items – You may want to see: Publication 523 – Main Content Main Home Vacant land. Factors used to determine main home. Figuring …

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