The Land Trust is an inter vivos trust, an estate planning tool, and is excluded from the Due on Sale Clause per the St Germain Act.

Your understanding sounds right to me and consistent with how our calculators should work.NOI will reflect all income and expenses for the property excluding principal and interest payments on any loans.

As such, mutual funds would likely be excluded from purchasing these bonds I believe.

Then he can exclude up to $250K ($500K MFJ) from capital gains on the sale of his primary residence.The capital gains tax can be deferred (indefinitely) with a 1031 exchange instead of a sale provided your client wants to continue to own investment real estate.An installment sale will spread the capital gains tax out over several years, reducing the amount of tax paid in a single year.

For instance, here in Colorado a "no guns" sign is entirely unenforceable at the vast majority of places (excluding places like: primary schools, federal buildings, and places with permanent weapons screening stations).  

I suspect most people are naming their net monthly household income from the rental properties, which excludes their personal home mortgage, car payment, etc.

Excluding crappy 401K expenses it's still a good vehicle for retirement. 

I do agree that this strategy sounds great in theory, as long as you exclude anything variable besides selling a house for $45k profit every month and also reinvesting that $45k to buy more houses to flip for $45k a month.

Changing cars, even if you buy used, means you never get to the ultimate cheap cost of ownership (excluding gas, insurance, etc, which is generally marginal between vehicles as you already noted unless you drive some insane amount per year), which to me is 1-2 cents per mile when sold/crushed/whatever.

Exclusions Because of Prior Conviction In most instances, a record of conviction (as opposed to an arrest) will serve as sufficient evidence to prove that an individual engaged in criminal conduct.29 But housing providers that apply a policy or practice that excludes persons with prior convictions must still be able to prove that such policy or practice is necessary to achieve a substantial, legitimate, nondiscriminatory interest.