I was just doing research on the Tax Code 179 and most are purchasing their "work vehicles" out of Delaware or Vermont and avoiding the 6-7.5% sales tax since the entity is out of those particular states.  

Hi everyone!On a seller finance deal, what does the seller report as income? Is it upon the sale of a property... or is it on a Cash basis, that is, only when cash is actually received?For example:Purchase Price: $1...

I'm contemplating rolling several very large SFR property gain amounts (via 1031) into a handful of DST Vehicles. I really like the concept of being able to utilize 1031 to defer my very substantial SFR gains by reinv...

@Rinee John de Leon with all the good info.On the flip side, I generally don't suggest using web referral services such as Angie's List, CraftJack, or HomeAdvisor.

If you are in the New Castle county Delaware area or Delaware county PA area, definitely hit me up.

Would this trigger a due-on-sale clause with a lender, if XYZ is still the de facto owner of the properties?

The Columbus REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Licking, Madison, Morrow, Pickaway and Union Counties.Sources: https://www.bankrate.com/banking/federal-reserve/f...https://www.zillow.com/home-values/

Originally posted by @Tom De Moya:My wife and I took a chance in 2013 in buying a duplex as our first home in a not so good neighborhood in Vermont that has appreciated well.

Cost segregation combined with bonus depreciation is huge.A lot easier to 1031 one 100 unit property than 100 individual houses.Apartment rehab often stays below the $2500 de minimis safe harbor per item (because apartment communities don't pay retail) - which means immediate deduction and no future depreciation recapture (i.e. an HVAC replacement may only cost $2400).Some apartment rehab above $2500 per item can be immediately deducted if it does not meet the 20% "unit of property" rules (i.e. replace one HVAC system in a ten unit building).

I'm wrapping up with renovating my 1st investment property in New Castle, DE.