After a series of phone calls and emails, Veterans in Parking subsequently offered me a seat on their board of directors; which I accepted. 

To make a long story short, there are a lot of potential heirs of the property as the owner of the estate had many children and subsequently many grand and great grand children. 

Putting less down may subsequently put you in a break-even scenario or possibly even a negative cash flow.

Putting less down may subsequently put you in a break-even scenario or possibly even a negative cash flow.

Putting less down may subsequently put you in a break-even scenario or possibly even a negative cash flow.

And if not, you need to prioritize the ones that have the most likely positive outcome.You also want to think about the market and subsequent recovery.

The only scenario would be if the city/municipality thought that the lots were now worth more and then would increase property taxes subsequently.  

Comparing the pros and cons of purchasing the 2 home types is not my aim here.In Scope: The change in the sales price of new construction homes from when they were first sold after construction to when they were sold subsequently versus the change in sales price for existing homes over the same period.

Therefore, in many cases, you will be able to subsequently depreciate anything that adds to your basis once you convert the property, though immediately deductible expenses will not be available until you convert the property.Hopefully this was helpful.

With Royal Legal, Scott is great but the initial numbers and what was subsequently quoted were quite different, and I have some concerns on the series llcs, even though they have matured a lot.