I moved to Idaho a year ago to care for my grandpa during covid/his treatments for kidney cancer.

We are looking into acquiring our own heat treatment machine to take care of bed bug issues in the future.

If it's a request to upgrade appliances or plaint or window treatments, politely tell them they viewed it and rented it so they clearly accepted it.

•The portion of the duplex used as a rental qualifies as Relinquished Property, the portion occupied as their Primary Residence does not. • The sale of the Primary Residence is a taxable event and reported on their tax return as such. • Gain on the sale of the Primary Residence qualifies for exclusion under §121—up to a half-million dollars for the married couple. • The proceeds from the sale of the rental portion of the duplex qualify as Relinquished Property under §1031 and since they are trading-up, no gain will be recognized at the time of the sale. • The clients can use their full before-tax equity in the rental portion as part of their payment towards the apartment complex they are buying. • The clients can use all or part of the cash proceeds from the sale of the portion of the duplex qualifying for §121 treatment.

Using the listing agent as your agent has the advantage of the listing agent wanting to get biggest commissions - so your offer might get preferential treatment (if very close to what others have offered).

The costs go up quickly when it snows steadily through the day and multiple treatments have to be applied to keep up.  

Also, keep in mind that the default tax treatment of a multi member LLC is a partnership.

The spread on rehab flip deals typically comes from the rehab work and the treatment of the house as "distressed" when doing the BPO.But at any rate, it's a good deed for the neighbor, as the short sale will ding their credit much less severely than a foreclosure.

Sounds like a great program for Bob.I think I am going to give David Sunlin at Bank of America a call to understand why American Family Properties and Old School Title receive preferential treatment over other investors.

If you acquire the property and hold for 12 months and then put the property on the market, you would most likely qualify for 1031 Exchange treatment, unless you get audited and they can prove that you actually had the intent to buy and flip (not hold).