Gatten, you are so bad… - Posted by Ed Garcia
Posted by Ed Garcia on December 18, 1999 at 16:45:10:
Gatten, you are so bad.
What scares me, is I agree with you.
Bill, if you don’t mind I like to defuse this by saying that I think you and
Dave only disagree on the IRS issue. And I’m not sure you even disagree
Bill the way you described short sales, from the lenders stand point
is right on.
What I think Dave was questioning was the part where you say whopping
Now Bill I agree with you, if the lender cut the deal $30,000. The borrower
Will be 1099 for that $30,000. That’s carved in stone.
What Dave is saying, is they may be 1099ed for the $30,000 but he thinks he
can negotiate that down on a case by case basis.
I think we all know you can negotiate with our Big Uncle. I have no doubt you
have many times Bill.
Bottom line, Your going to take the hit. That’s carved in stone.
Negotiating it down, That’s if, come, maybe.
You win Bill.