Any form submitted after the closing date will be deemed by the IRS to be untimely and require that the mandatory withholding amount be sent to the IRS within 20 days of the closing date.As a practical matter, all of this has two key impacts:1031 exchange Buyer of a foreign person’s real estate – As the 1031 exchange Buyer of a foreign person’s real estate, you would be required to withhold 15% of the fair market value of the real estate, typically the purchase price, at the time of closing.

At what point do summer vacation rentals typically start to book?

They serve as your trusted advisors, offering valuable insights and exclusive investment opportunities.If you're looking to find developers who specialize in building and selling, I suggest utilizing platforms such as LinkedIn, reaching out to them directly, or contacting their respective companies.

Once a month to pick up, rent, typically.  

What are typical lending terms on said properties?

(I've heard people tend to create LLC and utilize lines of credit to either fix property or furnish a STR/MTR for example)Are there any significant pulls either for or against creating an LLC?

Need to do some more digging into utilities though. 

What are typical buy-down costs?

Some are for-hire independent contractors, whose services an investor could enlist directly, typically for a relatively minimal cost.

so that typically means you're either (1) starting with a pretty distressed property, or (2) finding something where you can add bedrooms and bathrooms.a cosmetic rehab generally doesn't cut it whether you do the repairs yourself or hire them out.