If the leases end up in the realm of where we believe they will the value of the building will go up a good amount and we will have close to 1 million in equity.  

Investment Info:Single-family residence buy & hold investment.

I figure if the equity we have cash flows better than similar equity in a single family residence in Utah would, then we should consider this AITD as a serious option.

I would add that the problem extends beyond Class D properties.Twice I rented B class rentals to Section 8 residents. 

I live in CA and own my primary residence. 

LP/GP equity construction loan How did you add value to the deal?

For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.

Some will sell SubTo for full price, if you give them cash for their equity.

I also asked if there was accounting I could see that shows my share of the equity as a whole?

Investment Info:Single-family residence buy & hold investment.