I'm not looking for advice on the price to charge.

3) Lastly what would happen if I applied for a construction loan application that pertained to Real Estate?

Typically, there are attorney services in your state that only charge a couple hundred dollars to form an entity.

In other words, if you find a tenant who starts renting on November 20th, then you can charge the original tenant for 20 days of rent and refund the remainder.

We’re in the process of building and plan to do a MTR, we find it to be a happy middle ground where there’s less turnaround but can still charge more than LTR.

The tenant advised me his girlfriend would submit an application, but not him.

If you plan on selling other people's houses you can charge for that with a license.If you are only selling your own houses, there is no benefit...but there is substantially higher liability.

I would explain it this way: If you move out and I upgrade the property, I can charge more rent for the newer cosmetic finishes.Seems like the tenant is trying to take advantage of you here...Would you really get a hotel for a 1 day job in your place?

Here’s how it breaks down:- Normal Depreciation Recapture: Recapture is taxed at a maximum rate of 25%, regardless of REPS status, plus any applicable state tax.

Legally speaking, if you have agreed to an installment sale, I'm not sure if the stepped-up basis is applicable.