Are you leaning toward a specific strategy like buy-and-holds, flips, or house hacking?

The neat thing with TDR is that, after you've sold off the residential development rights, you still own the land and get to use it in all the same ways as before, except that you can no longer build houses on it.

How big is the house?

Feel free to use it as you'd like.I divided the survey into five sections: bedroom, house, neighborhood, landlord/property manager, and amenities.link: https://docs.google.com/forms/d/1WCzit_3R0m0Ut6DWYWmdvchwDH5...

It has very favorable zoning laws, the land is buildable, and the area has a housing shortage.

==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?

Ended up calling the Jersey City Division of Housing Preservation and in essence the entire home has to be in good order even if certain parts aren't accessible to guests.

One of the developers I work close with is getting ready to build 4 spec houses.

My wife and I purchased a home at the very beginning of 2022 and "house-hacked."

Thanks everyone.Annual T4 income: 250K380K in liquid investments.Principle property est. valued at 670K with 250k left owing and 155K heloc attached.Rental 1: purchased 2021 for 220K current est. value at 270K was a house hack with 5% down and $1600 monthly rental income.Rental 2: purchased 2022 for 280K 20% down current est. value 345K rental is $2000 monthly Rental 3: purchased 2023 for 267K with 20% current est value 310K rents for 2100 a month.