EXAMPLE: Had an applicant several years ago.

Many tax laws are open to interpretation and even an incorrect application abuse of the law is probably not getting anyone thrown in jail especially when they will eventually pay their taxes on the money. 

My understanding is that you have to submit an application with the county in the same year as the transfer/purchase.

For tasks like asset dispositions and  depreciation, you’ll need more robust tax software, or even better, the assistance of a tax professional.I’d highly recommend you not try to handle this on your own.

For instance, we had an application today where the wholesaler got a home under contract for $200k and then put a $50K mark-up on it to sell it to the "C" buyer for $250K.

Do you use software?

Totally doable if that sounds like something you're willing to do.If you were looking to go that route, I'd recommend getting a Customer Relationship Management (CRM) software to keep track of leads and follow-ups.

Apology for multiple posts - a forum software glitch apparently

Also using dynamic software pricing can help increase revenue. 

If not, CAP rate is a metric, but not applicable as 4 and under are residential and valued by comparable sales.