They barely lasted in California (they are based on London).The challenge is (1) you are assuming all listings have open houses and (2) there are a lot of moving parts that can happen behind the scenes.

Based on the prices, now seems like it's probably a pretty good time to buy in Galveston. 

These are just guidelines and may need to be adjusted based on your property's location and class.

I've paid for a handful of programs over the years from cheap to expensive and narrow-focused to broad-based. 

I'm Kristie Nguyen, a CPA based in NYC.

Hi Wendy,Coming from a Banker in most cases the Heloc is a Line of credit you only pay on the amount you use and a Heloan is the bank/lender gives you all cash.Lets say you borrow $10K as a heloc and in the first few months you take out $1500.00 your payment is only going to be based off the $1500 and not the $10K because the rest in the line of credit (LOC) not being used - Same as a credit card.

If you do decide on MN, did a similar analysis as you a few months back in St Paul with rent-to-price ratios based on median price and median rents for each neighborhood in St Paul.

Usually they are city or region based in your state.

If it came before the counsel, we'd be able to argue with a pretty strong case based on the dual-use of almost the entire neighborhood.

If you sell a property, capital gains tax applies based on each partner’s ownership share, and a standard 1031 exchange won’t work if proceeds are split, as the exchange requires continuity of ownership in a like-kind investment.One strategy is a drop-and-swap, where the LLC distributes the property to partners as tenants-in-common (TIC) before the sale, allowing each to complete a separate 1031 exchange.