The following is listed under the listing of amounts to be credited against minimum wage:(E) If, as a condition of employment, the employee must live at the place of employment or occupy quarters owned or under the control of the employer, then the employer may not charge rent in excess of the values listed herein.Another property owner that I know provided me with the two scenarios that I listed in my original posting.

When Tucson was cheap desert land,I could have had a heap of sand;When Phoenix was the place to buy,I thought the climate was too dry;“Invest in Dallas—that’s the spot!”

Dry?

It gives you something to fall back on if the real estate market hits a major dry spell.

THAT IS MUCH MORE IMPORTANT than saving more money or how much money you have.accredited investors (those that have income exceeding 200k a year or a net worth of over 1 million) have only one thing - EXCESSIVE CASH.

. $$$ drying up?

When allowed to dry, it contracts.

cap gains on this sort of stuff is not so cut and dry and you might not get hit so hard with it if you or your accountant knows what to do with the money before the sale and after the sale.what you think might be a cap gain on 120k, might turn out to be 80k etc...talk to your CPA.

For a 25% minimum pricing gap, in order for me to invest 10% in the actual fixing up.It seems excessive.

Now if you put a property into a Inter Vivos Land Trust and then assign your LLC as a beneficiary then your trust is basically a dry trust already and provides no protection.