However posts like this illustrate the dark side of the endless positive propaganda on this site.

NYC is a great example of this, but is not unique in this regard.But to illustrate the larger point that the home itself is a depreciating asset—even if its price were to appreciate in real terms—we have to examine the possible "counterfactual" scenario.Imagine a scenario where you had the same exact piece of property with the same type, size and layout of home, but in one example, the home was built in 1970, and in one example it was built in 2020.

I want this to be as professional as possible to illustrate that I am serious, and committed.

Just my thoughts  The example  such as above clearly illustrate the benefits of joining forums such as BP.  

To illustrate the point that selling your position in the contract is legal, the Hampton Roads MLS, REIN, even has an allowance for a contract holder to list their contract for sale. 

Hello @Eric Gorostiza,The process we followed is illustrated below.

You can illustrate that the trust beneficiary is the IRA and therefore not taxable, but the trust must file a return.The superior approach is if the IRA has its own EIN.  

Does that illustrate your point or did I miss it?

Maybe somebody could illustrate. 

For illustration of my idea I’ll focus on a house you purchase for $80,000 and rehab for $20,000Example 1:  Use OPM to purchase and rehab, then you refinance at a value of $150,000.