**I have read that "due on sale" clauses are always present in financing but seldom exercised on performing notes...does a lease option side step that as well?

Doing a thought exercise this morning, I realized that if I were to sell my rental, I could net ~$70k in profit, which would be taxable as a capital gain.

A tactic that can be used when a property is in a different state than your LLC, though it is exercised more often with the Series LLC, is by placing the property into a land trust, then assigning the LLC as the beneficiary to your land trust.

Rehabbed the property and exercised the option.

I use the word concept because until you get sued and win or lose everything is just an academic exercise up to that point.

Seeking to learn as much as possible about real estate investing, specifically more about buy and hold and flip/rehab strategies.Began my real estate investing journey back in 2007 when I decided to quit my day job as a functional exercise and rehab specialist and be a full-time flipper.

With those there is no sale until the option is exercised.  

The point of this exercise is - look at all of the terms of your offer.

A lender "may not exercise its option pursuant to a due-on-sale clause upon . . . a transfer to a relative resulting from the death of a borrower," according to the Garn-St.

It might be a fool's exercise, but it's fun to me.