We had put our properties in LLC’s for liability purposes but I’m glad there’s the added benefit of putting them in a living trust.

Should we get inspection done even if the property is ”Being sold "AS IS" Inspections for informational purposes only” ?

@Douglas Varenas for what purpose? 

The trend of needing more space has promoted more activity out here.

A couple of reasons why is:1) The proceeds from the flip only a small portion of my earning for the year (I have a full time W-2 career), so it doesn’t meet the “majority of earned income” qualification; and2) The sole purpose of the LLC is not flipping.

I wrote the above for informational purposes.

But I think I will be able to cobble together enough data for my purposes.

Move if you have to in order to get promoted, geoarbitrage, save more, invest, automate, cut spending to only what adds value to your life, invest the rest.  

Money being #1.Yes, you can save on commission, but in the end you will probably net less money at closing, which defeats the purpose.

But, while these taxes may be paid at closing, they're not really considered closing costs for the purposes of deal analysis.