On your tax return you would report the proceeds, subtract costs and proceeds paid to seller, then the remaining profit would be your flat fee.

It's up to you if you're client will take these consolidated articles at face value or if they need an in-depth analysis then you'll have to go with subscriptions.Another recommendation I got is to follow authors from the main news publication sites that publish real estate market trends.

And then you argue with me saying that I don't know all the details (as in, well, these days even a man can get pregnant.)

Then, if you can trend over time you'll want to see where the "path of progress" is going/moving and attempt to buy in that path of progress to gain some appreciation in the future.

If they understand they need to leave and discuss honestly what they can do to make that happen then you are both working to the same end.

I think the proper way is to "de-wire" the electric boxes, hang the drywall, pull the wires through the holes, reattach wires into the electric boxes and then push the rewired boxes into the hole from the outside in.

I'm speaking from my experience as I stated at a big four and there's no way I had time for anything else back then.

Quote from @Jessie Dillon: one thing that you can do is have the seller transfer the deed to a living trust that they're the sole beneficiary of, and call the bank to give them a heads up that they're doing it for estate planning purposes. then, a month or more later, buy the property sub-to, and change the beneficiary of the trust. the bank can not see who owns a trust, and if they ever come back and question it, you can just swap the beneficiaries again, show the bank that the seller is still the owner, then swap it back again when they buzz off. this is one of many reasons it's so important to keep a good relationships with the seller if you're buying this way. you have to work together on some stuff.In summary: fraud. 

A deal this small wouldn’t make sense as a partnership unless the original intent was to scale and grow together assuming this deal works out.In regard to the financing, if you can’t get it on your own without someone else’s balance sheet and income then it would be very difficult to untangle that partnership since he’d be a personal guarantor right along side you.  

So I wonder if I can sell my home in Idaho, purchase the new one under my personal name, then how many months or years must pass before I can setup an LLC as the owner of my primary residence, or if you think that will be a good idea?