If you're going to do a lot of loans, there's software programs. 

I would have been more successful on the deal if I used more patience and developed a skeleton team before I closed on the property.

One pm I spoke with works in sync with owners who Self book and have software that compiles all the bookings into a single calendar to avoid double booking.If you're aware of one company that does everything, does it well and still leaves 10% + Roi for you, I'd love to hear about it.

I am trying to get an already existing building in an average area of Los Angeles with conventional loan, they get it permitted and entitled for multi-unit development. 

@Manuel NaranjoThe other posters are correct - it is section 121.I think your accountant is having an issue because he is unsure of how to tell the software to exclude the gain on the return.The sale still needs to be reported on the return. 

Working on my 1st potential, albeit small, development.  

Or are there any new developments in your area?

In highly desired flood zone, good area and there is a new residential development down the street that is starting. 

My history as an investor starts with developing communities (out of foam box inserts) for my Barbies when I was 6 or 7.

So a recent podcast and similar timed stay in an airbnb in another city along with my current market severe lack of inventory (yet too high new construction costs) lead me into thinking about this topic.Has anyone on here converted buildings like this into multiple condos and developed an HOA and sold them separately?