@Clay TeegardenAmongst the avalanche of nearly identical responses from my fellow accountants about setting money aside and rates and so on, I will repeat a point that I consider crucial:There is no guarantee that you will have any taxable profit when you start flipping.

That was valuable to me because I really did come close to sealing several deals, however, this is where being a total newbie affects you.  

Many lenders see recent transfers as a risk, which could affect your terms or lead to a denial.Regarding taxes, changing the property's ownership can have some effects.

The area affected would be over 100 acres of un-entitled land. 

My idea is to refinance after the rehab, use the proceeds to build the second house, and repeat the process until all seven homes are completed.

I can't move closer to my work, because it will affect my husband's work.

I would assume the actuals are not actual because it's showing 100% occupied for all 12 months.Capital improvements fall below NOI, and do not affect property value.And I think you need to have some type of debt to calculate a purchase priceGino

I can only wonder how many marriages are being affected right now with these syndicators cratering.. my experience over the years is all over the map.. some both are fully invested and interested in what we are doing others the hubby is running the show with little to no interaction with the wife.

The allocation can affect property taxes and legal responsibilities.

When a natural disaster strikes, it affects the entire area—not just your property.