Quote from @Roger D Jones: Mobile home park development peaked in the early 70s and is all but dead now. 

He cried uncle and hired this PM to fix everything; which he did. 

Topic no. 409 covers general capital gain and loss information.The rest will be taxed, so a big chunk of that money will go to your uncle who happens to be a partner of yours. 

Hey @Roger Morales, We should connect. 

And then you have to pay Uncle Sam ouch it hurts! 

Hey Roger have you considered the midwest?

Quote from @Roger D Jones: Quote from @Mel Adams: If the POHs are in subpar condition but occupied, would you fix them up a little and sell at a higher value, or leave as is and sell for what they’re worth in the current condition?  

Marble counters, gold plated toilet, whatever, uncle Harry's kitchen cabs from 1920.

Know your limits when it comes to contributions to keep the tax advantages coming.The Tax Man ComethInvesting is thrilling, but remember, Uncle Sam wants his piece.

@Roger WestWhat area of NJ and what asset type?