The real estate market has been booming here over the past several years due to Las Cruces receiving nationwide recognition from such distinguished sources as Forbes/Milken Institute, Money Magazine, USA Today, Inc., Where to Retire.

Basis step up on death plus basis addition from gain recognition on the first sale gives you a lot of leeway.

This IRS topic defines rental income in this way: "Generally, cash or the fair market value of property you receive for the use of real estate or personal property is taxable to you as rental income." The question is ...

I also wonder about the tax impact (full recognition of capital gains at time of "sale") if this is done at scale where the seller may be construed as a "dealer".In my area, quite a few landlords seem to be converting their existing rentals to land contract deals, to get out of the landlording liability and transfer the maint to the buyer, while still maintaining the ability to evict (rather than foreclose) within the first 5 years.

Depreciation and deductions disappear, but the ability to push out recognition of profits for decades (or forever in a Roth) makes growth easier.Successful retirement investing is about 1> preservation of capital, and 2> finding an acceptable return.

Bigger Pockets is nominated for some nice possible recognition.

"Recognition events are still part of our culture," spokeswoman Melissa Murray said Tuesday afternoon.

For me the purpose is two fold, the obvious one being it helps my company grow in a variety of ways (new contacts, brand recognition, etc) but it's also all about helping people which is something I've truly started to care more and more about as I've grown into my career.

Top producer recognition?

@John Webster haha I would have loved to see both yours and the clients facial expressions.