Why the United States Treasury should love short sale investors

Monday, November 2nd, 2009 | Uncategorized

As you know, the United States Treasury is in charge of most of the effort to remedy this housing debacle and the Treasury supervises the IRS. From these two aspects, there are things that short sale investors do that should make the United States Treasury absolutely fall in love with the short sale investor. Let me explain.

First of all, it is clear that short sale investors are faster at and are more successful at reforming the housing market and getting properties that are in distress, default or foreclosure out of foreclosure and occupied by mortgage paying and property maintaining homeowners. To date, the statistics regarding the success of the various Government initiatives are incredibly depressing.

The second reason the United States Treasury should love short sale investors, particularly those that have not been fully educated through the SREC coaching program is that these short sale investors, while they are making a profit, are usually doing it in a way that causes them to have to pay up to half of their profits to the Government in the form of taxes.

So, think about is from the Treasury’s perspective. What a great deal. You get somebody else to do the work, they get it done faster than you can do it, and you get to benefit by up to half of the profits that they make. For those short sale investors who are unhappy with the amount of money that they are paying in taxes I recommend that they go back and look at my previous post regarding belated tax day cogitations. If there are any members of the United States Treasury who read this post, please carefully think about everything I have said in this post, think about it over a cup of coffee and I bet you will concur with me that what short sale investors are doing is beneficial on so many levels.

4 Comments to Why the United States Treasury should love short sale investors

John Michailidis
November 2, 2009

You are a wise man Jeff and I appreciate the fact that you are so willing to share your insights.

Stan Fisher
November 7, 2009

Jeff,
You are WITHOUT QUESTION THE Top Short Sale Lawyer in the country! No, on the planet!
My life and my families life is better because our paths crossed last year.
Your wisdom and advice is PRICELESS to me and my business!!!

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