I lived in 1 BR and rented out 4 BR to professional women.

Owner says rents are about $2-300 under what they could be but with the tenants being loyal and the way they are their own small community she recommends not raising rent.All 7 homes run off of 2 wells.Some differed maintenance but overall nice condition trailers range from 70s-80s model Owner says property manager/handy man lives next door and handles everything for her from maintenance to collecting and deposit rents.

Seller distressed and willing to sell his property for 22% discount, however his family is living inside rent-free. 

Just wanted to introduce myself, my name is Joseph Warren and I am a Wholesaler living in NYC, but working virtually in Florida (Tampa, Tallahassee and the Cape Coral/Fort Myers areas).

You should not be thinking "Oh Jeez, this wholesaler has such a good time off of this deal, I can't live thinking how happy he will be!".

If you lived in the old house for 2 of the past 5 years you have no capital gains taxes if you sell within 5 years because it would be exempt.  

Hi everyone, I'm planning to set up a revocable living trust.

The property is in PG county Maryland, and I live out of state.  

I am military, and from what I’ve read there is an exclusion of capital gains taxes out to 15 yrs vs the normal 5 for military members.However, I only lived at the property for 18 months, not the 2 years required. 

What will be your living situation?