This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

If you're concerned about break ins when it's vacant, there are other strategies to prevent that.

I personally benefit from this because I understand the intracicies of getting through the aprpoval process and therefore know when I deliver housing, there will be a low supply and plenty of demand meaning I can introduce favorable pricing strategies for myself and my investors.

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

The Geodomes and other smaller structures seem to be the more cost effective strategy.

The solar installs themselves can compromise the integrity of the roof, and home insurance is already expensive.

It should be fairly easy to demonstrate if asked that this was not done as part of a tax avoidance strategy. 

This can involve public hearings and meeting specific requirements.Surveyor: Hire a surveyor to map the property and define the boundaries of each condo unit.Legal Counsel: Work with a real estate attorney to ensure all legal requirements are met and the condo conversion is properly documented.Financial and Operational Considerations:Condo Fees: Determine the monthly condo fees for maintenance, repairs, and other communal expenses.Insurance: Ensure proper insurance coverage for the condo association and individual units.Reserve Fund: Establish a reserve fund for future repairs and maintenance.Tax Considerations:Initial Purchase with 1031 Exchange: 1031 Exchange Basics: By using a 1031 exchange, you defer capital gains taxes on the sale of your previous property by reinvesting the proceeds into a new like-kind property.Down Payment and Financing: You're putting down $220,000 and financing the remainder at 8% over 20 years, resulting in a monthly payment of $2,593.Converting to Condos and Selling Units:Capital Gains Deferral: The 1031 exchange allows you to defer capital gains on the initial exchange.

I'm not clear on that relationship) performs the materials sourcing and labor sourcing (i.e. subcontracting) which usually fall under the care of a license/bonded/insured GC in order to circumvent the limits that are placed on unlicensed owner-builders.