I'm also looking at properties in Alabama and Indiana, but haven't pulled the trigger yet due to personal complications. 

@John Underwood The case that set precedence for this tax lien change was not in Colorado - my concern is that other states will also follow suit, and they may, like Colorado, do so without reasonable notice or consideration to premiums paid or impact on investors who invested before the change. 

@Anthony J RumaThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

I typically advice a cash out refi over a HELOC if you have an immediate use for the funds since HELOCs have variable interest rates, but you also want to take your current interest rate into consideration.

But if the cashflow is there, that could be a major consideration!

Take that into consideration.

First-time poster long-time reader here.In short: My husband and I finally pulled the trigger on our first Flip investment here in the Tampa area.

The purchase price is $410K.Should I go for 15%, 20% or 25% down payment, taking the current high interest rate situation into consideration?

Also you risk triggering the due on sale clause when you move a mortgaged property into an LLC.

Hey John, To break it down for you: Capital Gains Calculation:For the 33.33% Interest Acquired via Quit Claim Deed (November 7, 2015): This portion of the gain would be calculated as the difference between 33.33% of the sale price and the original purchase price of $52,700.For the 16.66% Remainder Interest Acquired on November 17, 2020: This portion of the gain would be calculated as the difference between 16.66% of the sale price and the fair market value of the property on November 17, 2020 (the date of Person A's death).For the 50% Remainder Interest Acquired on January 17, 2023: This portion of the gain would be calculated as the difference between 50% of the sale price and the fair market value of the property on January 17, 2023 (the date of Person B's death).Consideration of Home Sale Costs: Deducting allowable costs associated with the sale (closing costs, repairs, etc.) from the total gain to arrive at the taxable capital gains amount.1031 Exchange as a Means to Defer Capital Gains: You're correct that a 1031 exchange could be utilized to defer the capital gains taxes.