So the new Harris County rules say that any rehab project in the 100 year flood plain needs to elevate the house unless the rehab budget is less than 50,% of the building/improvement value of the home.

This may be a dumb question but I want to know if it's legal? I have an LLC which I wanted to put into 2 of the multifamily properties that I own but I do not have 20% to convert and refinance under investment loan. C...

Also with the 45-day rule, that seems like a short amount of time to sell a property and buy a new one.

If you move your money into any kind of retirement account, you lose direct access to this money (with Roth accounts being a half-exception to this rule).So, let's start with determining whether you might need this money to spend on your living expenses.

That said, you should educate yourself on the rules and have an attorney you are using. 

Technically, the rules of civil procedure say I don't have to appear for oral hearing if the debtor didn't make an appearance, but most judges make us anyway, so that is additional JF fee. 

I don't want to make any enemies as this is a small market but the prices i am seeing are just way over the 1% rule and honestly don't make any sense as i run the expenses on some of these properties.

As a general rule of thumb the further North in Florida you go the better the cash flow gets.

Now buy and holders (if it approaches the 1% rule) and owner-occs could be interested. 

I'm not looking to hide my identity from the IRS; they are going to get their due.