Even with a right of foreclosure in event of default, he still may have to spend tens of thousands of dollars foreclosing, and if the buyer files BK can spend even more.  

Right now you have an unrealized gain when the transaction happens that's the taxable event. 

Expand your knowledge and connections in the real estate industry by attending networking events and building professional relationships.Make sure your short-term plans match up with your long-term objectives and consider looking at different markets with positive economic indicators, job growth, population growth, affordability, and rental demand.

In the unlikely event someone gets harmed in that unpermitted bedroom before/during/after you sell it, guess who they will come after!

However, it might be wise to hold onto your eclipse glasses for the next event.

You can also do a deed of transfer at closing and switch it into another LLC, may be some title fees but since there is no sale, it is not a taxable event.

I took your advice and am planning to attend some REIN events soon to start meeting more local investors!

It's just a good idea to be ready to pivot with a traveling nurse/clinician in the event that COVID or civil unrest ramps up.

Advani underscores the use of modern software solutions for everything from rent collection to maintenance requests, suggesting that technology is not just an option but a necessity for contemporary property management.He also touches on the importance of building a community among tenants, whether through events or shared spaces, to boost retention rates and create a more desirable property.The Future of Construction: Innovation and SustainabilityIn the construction segment of his discourse, Advani delves into how technological advancements and sustainability are becoming increasingly pivotal.

Both of these events are free to come to and you dont need tickets or sign up to come.