We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective. Is there a difference?I alread...

my scenario was a little different I would buy 20 to 80 acre parcels in Oregon and WA.. then log them .. using the skids roads and log landings strategically ( put them were future driveways and house pads would go). then do short plats  4 lots or less.. then sell the lots on contract.. the logs generally paid for the land so we had no debt on the land .. most land buyers took a few years to get to the point they were ready for construction loans..

open houses are going to be very important to listing agents is my prediction.. no longer the bane of the top producing agents work week and sloughed off to beginner agents.

, there aren't even any open 'housing requests' in our area, plus there seems to be a glut of available listings.  

DanIf you ALREADY have TITLE to the home Sub 2 their existing loan and If the payments continue to be sent in to the lender, taxes are paid, and insurance is maintained the lender will in all likelihood continue to accept those payments.

You'll be selling in 60 days and then you'll have an additional 45 days to continue to shop for the replacement. 

You may be exempt from Fair Housing laws.

@Luke OkaneThis is how I did my first two house hacks (along with converting a garage to rent separately) from the main house.

Rentals get laminate flooring throughout the house.

This is a duplex and this will be the first time I am renting both sides since I was house hacking.