Any tips on structuring assets in order to maximize benefits and minimize risk (and effort come tax time)?

Another tip is that HUD will give you 48 hours to accept the bid or not, I like putting my bids in on Wednesday night so Thursday morning the offer will be accepted and I'll have till Monday to get it under contract, use the weekend to show the cash buyer the property.

If a property has an assessment of $X and due to the sale, the property is gong to assessed at $2X, your property taxes are going to double.Even if the impact is a year or two out and appeals not withstanding (which have their own costs), this can tip the cash flow enough to impact your decision.This can obviously also work in reverse if the purchase will cause the property taxes to go down.

Thanks for the tips on listsource.

My current improvement plan is: new roof - its really old and several shigles are gone new flooring throughout - currently concrete new paint in and out - 50% brick/siding ext repair siding on chimney - has rotted away due to water damage new water heater new AC/Furnace repair sheetrock water damage from plumbing leak replace kitchen appliances landscaping replace garage door - wood rotoptional items would include: replacing various fixtures - which ones?

If I had to make a choice between having to have lunch with one of these gurus and a bank robber, I'd take the bank robber.I have no problem at all with selling knowledge or information that is valid, legal and in compliance, ethical and that paints the picture of reality.

Factored in light plumbing, new kitchen, upstairs bathroom, light sheetrock/spackle/paint, siding, all new flooring, and all the other miscellaneous like fans, lights, doors, etc.I have been blessed to be in a family of carpenters (dad, uncles, brother, grandfather) and a family of realtors (mom, stepdad) so things work out quite nicely.

Start making sure your credit is in tip-top shape while you have the time to do so now.

Thank you for all of your tips!

And maybe there will be a itty bitty bit of networking value to tip the scales.Guru-rater John Reed has him on his crap list, fwiw, so probably a low-life upseller :)