This is the structure we were looking at which is more of a subsidiary structure and this applies to raw land development: 📌 Structuring Plan1️⃣ Set up a QOF to raise capital from investors.2️⃣ Create a QOZB to handle hotel & parking development (each separate land parcels).3️⃣ QOF owns the land & funds QOZB for development.4️⃣ Raise capital through QOF equity, bank loans, or JV partners.5️⃣ Develop the projects & operate for 10+ years for tax-free gains.

Hi Diana,I totally agree with what Doug M said previously.

You will be taxed on way more than $150k, and also this $150k number is totally irrelevant for the tax calculation anyway.

But I understand where I’m at now, and am willing to work for free until I can provide such value.A little about me.

That home was in Milpitas CA.. probably worth about 1 mil today.. but I lived there 2 years sold it made over 50k and I was off to the races.. primary home equity as I look back 50 years of ownership and multiple homes has made me well over 2.5 million in tax free gains. 

But, an LLC will not limit you from liability in total.

I bought 14 houses basically for free by harvesting the equity in my houses by doing 5 cash out refis.

Feel free to keep us updated on your findings here.

If none the file will be suspended or denied.If you have any questions feel free to reach out since mobile/manufactured are very complicated if you do not have all of the facts.

What is the current market valuation of the property based on comparable sales (defined as similar properties, within a 1-mile radius, within the last 30 to 180 days, that are within 10% of total square footage)?