The book on Advances Tax Strategies by Amanda Han and Matthew Macfarland is a great book to understand the tax implications associated iwth investing in real estate syndications.

So he can either mortgage what he's got now, let's say at the 8.5% rate, get a tax break on that interest and associated property costs such that his effective tax rate is maybe 5-6%, or he can sell everything, pay 20% capital gains tax, then put the money into some ordinary income bracket and pay 25% or more taxes on the interest in perpetuity.

also, do you inherit the other liens associated with the property, ex.

This legislation is meant to stop unlicensed individuals from being compensated by any means associated with buying and selling real estate for others.

I would surmise the bank places a lien on the title of the MH...In our state, MHs are considered "personal property" and have titles associated with them.  

Start by talking to a bank or whoever you plan on getting the loan from to find out how much you can borrow and what the costs are associated with that.

Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC

Yes, you read that correctly, the appeal can go either way or stay the same, you lose if the taxes go up.My brother appealed taxes on a house in Philadelphia and got a 12% reduction using the guy below:Jerald GoldfineRE Tax Associates of Pennsylvania LLCGood luck.

I don’t know that there are certain buildings particularly and heavily populated areas that do not allow for Airbnb rentals but that’s completely different Love you deals directly with the homeowners Association of the property and not necessarily Airbnb or the state of Florida.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.