Counties use it for land trusted to non-developement.While they may not be 'illegal in all 50 states' they are often a horrible vehicle to get you where you're trying to go.

This person must have a contractor's excise tax license whether they do the construction themselves or hire someone else.Read more here: https://dor.sd.gov/Taxes/Business_Taxes/Publications/PDFs/CETGuide.pdfCheers!

Let the other deals with bad numbers go to the non Bigger Pockets member buyers lol Semi Rehabbed 3br = $1500Older but decent 3br = $1350 Ratio: .92Mortgage w taxes/pmi = $1738 at 5 down = Even after cap/ex, etc. the point is you live cheaper then renting and pay down the larger mortgage.

Child would like to buy the house, potentially for below market value, retain the original real estate tax basis and then parents would like to use the proceeds from sale to complete a 1031 in order to defer capital gains.I can see a few potential issues:Does the fact that parents converted it to a rental from primary residence cause a problemIs a purchase below FMV possible or are there 1031 ramificationsIf below FMV a bad idea, could some sort of non-interest bearing note be structured between the parties to make up gap between proceeds and FMVCan 1031 exchange property they identify be contributed into an LLC after closing for asset protectionAny advice on the structure outlined above, or other ways to transfer real estate from parent to child (while parents still living) would be greatly appreciated.

Hello,I am looking at a deal that has a swimming pool.

There is a public use regional airport about a mile from the 4 unit building I'm closing on today, if you fly yourself ;)  Really do think there had already been a lot of opportunity in the area and Foxconn multiplies it's potential, both residential and commercial.  

When he returned I issued him a non-renewal of lease notice and he had 30 days to vacate.

but there are other rights as well.. waste  non payment of property tax's non payment of hazard insurance etc.. its just one of those rights.  

Both are Single Family Homes located in a well curbed community with public schools & universities around.

Both are Single Family Homes located in a well curbed community with public schools & universities around.