If your intent was to flip the property then you did not have the intent to hold it for investment purposes and it wouldn't have met the qualified use test or qualified for 1031 exchange treatment.

Therefore not subject to capital gains treatments.  

Holding a property for longer than a year doesn't necessarily qualify it for capital gains treatment.  

By simply doing this the owner is saying that the properties owned in his buy and hold entity have been purchased with that intent and qualify for 1031 treatment. 

All,One of my tenant (lets call her Julie) is the power of attorney for her mom's assets /medical treatment.  

BTW paying $900 for bedbug treatment is a rip off unless they used heat treatment.

You have that process confused with a 1031 exchange, in which gains would be rolled into the new property to remain tax free, but a primary residence is excluded from 1031 treatment.

IRS tax treatments (i.e.

Sometimes it takes a couple of treatments (I try not to run the full length if I don't have to).

Understanding the international treatment of taxation can be the difference to making money or losing it to government regulators either in the USA or in your home country.In regards to feet on the ground I would suggest that once you have identified your market that you seek referrals from the many highly experienced and supportive members that operate on BP.