Do they include the down payment we used in the capital gain formulation, or just the gains we make on top of the down payment? 

However, I would like to write off my business expenses for this and treat it is an actual business.My plan was to formulate an LLC and roll my condo up under that through a title transfer.

Separately from SFH1 and SFH2, I am planning on doing this regardless of the rest.Basically, the deadline will pass for SFH1 to be capital gains free in the summer of 2020, and I am trying to formulate a plan for continuing to rent SFH1/SFH2 out until at least 2022.

If the bank refuses to turn on the utilities so you can do an adequate test on each, just budget for a replacement for the whole shebang when formulating your offer.

Your root problem is you had A strategy set, as in singular, one, and when things went sideways your trying to formulate a plan B.

What is also done is to formulate a mean or median return rates based upon which time metric you want, be it 1 quarter, year, 2 years, 5 years etc because as you point out it will be in flux each month/period as your invested capital decreases. 

After formulating my plan, and identifying my target markets, I miraculously was able to secure funding from someone who trusted my vision.Last year, I attended 2 tax sale auctions ( Carroll County MD and Washington DC) and invested $113,000 in 5 liens. 2 were redeemed on their own, and I moved to foreclose on 3 of them, and ended up generating 10% profit overall as a result of interest.

If you and your family decide to list this property I’d love to take a peek at it.CheersCan we connect to discuss what you’re looking to buy and it’s formuls to work for you?

First, the price your paying for with paint is not some arbitrary amount, you are very literally paying for coverage, how much color particulate is in that liquid formulation which directly dictates how much volume will be required to get coverage.

It sounds like you have a great plan formulated.