@Joanne Potros these letters are decently common but take extremely seriously and respond BEFORE the notice deadline!

I have been hesitating on pulling the trigger for about a year now and I am getting frsutrated.

I'm getting too old to wait, so if I have to take things in my own hands, I will.Here is the caveat, I came back to do this because I am extremely passionate about sustainable development, net-zero carbon, thermal mass, compressed earth block, rammed earth, hempcrete and others with all the add-ons like rainwater collection, solar and permaculture.

That's 15% on the sale of your property.  1031 exchanges are extremely difficult to accomplish for a non-us tax payer. 

Buying a vacation home and thinking it brings in cash flow is a sure way to make the locals rich, as vacation rental communities are extremely seasoned at extracting wealth from visitors, perhaps especially including those who own remotely. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.If all this leads you to our Detroit market, PM us to chat more!

It is an extremely expensive lesson.

One more tip – people remember stories that trigger their emotions.

I think this would eliminate the possibility of triggering a “due on sale” issue because the property is already in an LLC and I am only selling interest in the LLC.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!