Regular sale, where you have to pay for pre-sale rehab, commission (5-6%), tax (20-30%), and recapture of depreciation.2.

The hurricanes certainly didn’t stop Californians and New Yorkers and everybody else in the US from flocking to Florida in droves pre-Covid and during Covid and I think it’s always going to be a popular tourist destination and place for people to want to live.

As another contributor posted, we treat all tenants the same including providing a walk-through/showing of the property pre-rental.  

I know its a new day my prime selling years for 75 to 92 pre internet..

By the way, that's one of the reasons I don't want to touch pre-foreclosures, with accounts delinquent for 60 days.

Thank you is there a pre foreclosure script anyone have?

Technically, the IRS could pursue the Substance over Form doctine if they believed this was all done for tax avoidance in pre planned steps.

I think it is easier to find a deal if you are house hacking since your deal doesn't need to be a home run; it just needs to be better then the alternative (paying rent).To be completely honest the loan officer never clarify why I got pre approved for 300K and when i got into a contract for 268k and we were ready to close they said I was 800dollars off.

Now, you can't do this with yourself, your business, and certain family members, due to the prohibited transaction rules governed by the tax code 4975. 2) Some individuals have large pre-tax 401ks that they rollover and then convert to the Roth IRA, paying the taxes now so they dont have to pay later out of the Roth. 

A friendly note on using pre-designed plans...they start out cheap but rarely ever end up cheap.