Plan carefully, and you’ll set yourself up for success!

The gist of it is that when you dispose of your entire interest in a passive activity in a fully taxable (as opposed to a tax-deferred) transaction to a non-related party, i.e., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted. 

Anyone who has ever tried selling a successful (profitable) business will tell you it's not that easy!

You can do a subject to transaction but that is not legally assuming the loan.the banks got rid of assumable mortgage long time ago. 

For example, I know a lady in my local market that is very successful in the land business and has developed a niche that cashflows very nicely, without a lot of stress, as she puts it though I can't imagine how that is possible. 

I added "Google Street Pic" to my account and it successfully pulls Google images for about 75%, leaving about 80-100 leads without an image.

They did successfully place and a tenant who even pays early, which is a very nice change.

Although the cleaner is probably the most important piece to the puzzle for your STR success, there is alot more involved with managing it.

The location you're referencing will likely require substantial rehab capital.There may be some out of state investor who hears NC and throws their money at a portfolio, but this feels like it'd need to be cash transaction.

If this is how it works, do I ever go through the title company like I would in a normal wholesale transaction?