To save those costs, you might want to stick to some year build and older, for example, if you cannot do inspections on the properties that you are buying due to off-market deals or something else that is hindering you (all sellers I buy from do not want anyone in the home till we close).

@Anshuman ThakurThere are some very good advantages to investing in Nevada, low property taxes, no income tax, and landlord friendly.

I utilize a PO Box as well.It wouldn't be hard for our tenants to find out where we live (tax assessor's online tool) ~ But for $50/yearly ... it gives me a bit more piece of mind :)

Stationed there almost three years, sold with profit and tax break for how long we lived in the house.

Ferd Niemann is a popular lawyer for MHP transactionsMake sure to take your due diligence very seriously and get professional help if you don't have experience here.

I suspect you are due your full EMD, but without going through the offer contract i am only speculating based on the standard offer contract that i am used to.good luck

The only part that Property 1 pays on that loan is the escrow for property tax & insurance for Property 1.Thank you for your insight.You need to look at purchase price to determine cost basis, not how you financed the purchase.

You want to make sure the seller is getting their fair side of the deal but especially from a tax perspective, there are ways in which you can make it very lucrative for them.

Here are some thoughts I hope help.The benefit of selling now is that as an inherited property you will likely pay no taxes because you inherit it at a stepped-up basis.I'm not a huge fan of buying a house that has lot rent.

However, a recent delay in its opening, now pushed to 2025 due to supply chain challenges and other logistical issues, has created a mixed landscape for real estate investors.Real Estate Growth: The Big PictureWhen fully operational, BlueOval City is projected to employ about 6,000 people.