{"id":1555,"date":"2012-10-23T10:46:02","date_gmt":"2012-10-23T10:46:02","guid":{"rendered":"http:\/\/sol-biotech.com\/wordpress\/?p=1555"},"modified":"2012-10-23T10:46:02","modified_gmt":"2012-10-23T10:46:02","slug":"from-flippers-to-floppers","status":"publish","type":"post","link":"https:\/\/sol-biotech.com\/wordpress\/index.php\/2012\/10\/23\/from-flippers-to-floppers\/","title":{"rendered":"From flippers to floppers"},"content":{"rendered":"<p>Latest in mortgage fraud: Flopping<br \/>\n<a href=\"http:\/\/money.cnn.com\/2012\/10\/23\/real_estate\/mortgage-fraud-flopping\/index.html?source=cnn_bin\">http:\/\/money.cnn.com\/2012\/10\/23\/real_estate\/mortgage-fraud-flopping\/index.html?source=cnn_bin<\/a><\/p>\n<p>I had heard a bit about this before but didn&#8217;t realize it had been dignified with a name.  The main issue I see here is that the IRS has the capability (that I believe Congress has temporarily disabled) to assign as &#8216;profit&#8217; the difference between the mortgage owed and the short-sale price and then send a tax bill.  Thus, it seems that these &#8216;floppers&#8217; might be lining themselves up for a rude awakening at some point.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Latest in mortgage fraud: Flopping http:\/\/money.cnn.com\/2012\/10\/23\/real_estate\/mortgage-fraud-flopping\/index.html?source=cnn_bin I had heard a bit about this before but didn&#8217;t realize it had been dignified with a name. The main issue I see here is that the IRS has the capability (that I believe Congress has temporarily disabled) to assign as &#8216;profit&#8217; the difference between the mortgage owed and &hellip; <a href=\"https:\/\/sol-biotech.com\/wordpress\/index.php\/2012\/10\/23\/from-flippers-to-floppers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;From flippers to floppers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,19],"tags":[],"class_list":["post-1555","post","type-post","status-publish","format-standard","hentry","category-business","category-economics"],"_links":{"self":[{"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=1555"}],"version-history":[{"count":1,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1555\/revisions"}],"predecessor-version":[{"id":1556,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1555\/revisions\/1556"}],"wp:attachment":[{"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=1555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=1555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sol-biotech.com\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=1555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}