Sellers are notorious for not communicating any changes in their unit counts to avoid paying taxes.  

Also, if you are a minority, WRA has the Partnership for Success program, which helps pay for your start up costs.

., overall portfolio stability or income growth).Be cautious when setting pay expectations.

This will also allow you to avoid taxes on the sale.

You're supposed to have a license in every state if you are representing either a buyer or a seller in a real estate transaction, or acting as an intermediary in the sale of real estate.

In the city, closed sales were up 12.6%.

In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

You owe two taxes:A. capital gain tax on $150k ($500k sale - $350k purchase)  PLUSB. depreciation recapture on $100k of depreciation taken.Now, let's assume that you messed up somewhere along the way, and you only took $70k worth of depreciation instead of $100k.

Is there any creative way to avoid/reduce capital gains tax on the sale ?

They either list owner-occuiped houses for sale or know they can show a normal buyer 5-10 houses for a sale.- It's not profitable for them to search for under-market priced houses, figure out repairs needed or what other problem is pushing the price down and do even more for a newbie investor that has analysis-paralysis and may never buy anything.Some questions you'll want to share the answers to with any agent you choose:1) Are you paying cash or getting a mortgage?