.— (a) There shall be exempt from forced sale under process of any court, and no judgment, decree or execution shall be a lien thereon, except for the payment of taxes and assessments thereon, obligations contracted for the purchase, improvement or repair thereof, or obligations contracted for house, field or other labor performed on the realty, the following property owned by a natural person: (1) a homestead, if located outside a municipality, to the extent of one hundred sixty acres of contiguous land and improvements thereon, which shall not be reduced without the owner’s consent by reason of subsequent inclusion in a municipality; or if located within a municipality, to the extent of one-half acre of contiguous land, upon which the exemption shall be limited to the residence of the owner or the owner’s family;Florida statutes provides:(1)(a) A person who, on January 1, has the legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence or the permanent residence of another or others legally or naturally dependent upon him or her, is entitled to an exemption from all taxation, except for assessments for special benefits, up to the assessed valuation of $25,000 on the residence and contiguous real property, as defined in s. 6, Art.

Lighten up with art- If you want keep the wooden color for a rustic room, but don't want the space to feel too dark or dated, use your accessories wisely: A small gallery wall and a large, show-stopping mirror can gladly take the attention away from the deeply stained wood.4.

@Art Perkitnyundefined Hi,Thank you very much for the information it is informative.It seems that I will take a big chance investing in the rental market if I do not choose the right place, as they always say - LOCATION!

Eric H. has ever written :)And read Sun Tzu The Art of War :)

The IRS does provide a list of assets that are explicitly prohibited, life insurance, S-Corps, and collectibles (Art, rugs, jewelry, cars, alcohol, non investment grade/Bullion precious metals, etc.)

i guess I need to be schooled more in the art of creative financing because it just makes me a little apprehensive.

RE is a science, not a game, not a series of steps, not a mechanical process, it is a science that includes the artful manipulation of applicable elements, rues and laws just as any other science is practiced or applied to arrive at a solution or end result.

Read the posts Art, most of the others on this thread understand this type of toxic tenant.Rick

@David - I'm trying to but people need access (I haven't mastered the art of virtual wholesaling when I haven't seen the property AND the end buyer hasn't seen the property) lol@Joe - I agree, thats why I have told her to contact him but I'm just trying to think outside the box.

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