@ Eddie T.My opinion about the land trust and LLC structure is that it is a good way to preserve anonymity.

Beautiful and picturesque, adorable small town, Land is in a preservation zone, but there are ways besides subdivision to make money on land.

Sellers Info-Main interest: minimizing capital gains/taxes, preserving estate for his kids-SFH free and clear, no mortgage, purchased 30 years ago for ~$150k-Currently acting as landlord, very likely doesn’t want to continue in this capacity My info:-I want to cash flow the property now -I want to purchase the home now or in the future Property info-No tenant, rent comps $2600-2800-Current comps of $290k-320kI don’t know the sellers full financial picture.

Having resources to get major things repaired same day in order to preserve a stay.

Seems like word would get out, but maybe there are enough smaller vendors looking for work that they're willing to take a chance.I remember back in the day there were issues with banks/lenders wanting us to take on AP for them with all the property preservations. 

If there is a loss and you want to preserve those losses to offset income when you exit out the deal, probably file. 

Sticking to target margins during negotiations was vital to preserving investment value.

Sticking to target margins during negotiations was vital to preserving investment value.

Sticking to target margins during negotiations was vital to preserving investment value.

But it’s CAN be a great way to PRESERVE wealth long-term.