Otherwise, there is more liability protection with it being in the LLC. 

The problem is the property taxes. 

You will have to pay self employment tax.

I'm working on filing my taxes and need this piece but don't know where to go to find my land value.Thanks

The tax courts have created a pretty effective standard for considering the legitimacy of refinances prior to a 1031 exchange. 

Hey everyone still new here. lots of great info on this site, Shame I didn't find it sooner. so what is the general consensus amongst the REI communities on tax lien auctions? 

@Michael Smythe General liability coverage  protects againgst property damage or bodily injury.

Not to mention agent fees, staging, and short-term gains tax from the sale.

You can use a co-borrower just make sure they have good credit and a (2) year work history of W2 income.Try and avoid self employed co-borrowers because their tax returns typically do not show income and are full of deductions.

Is it better to buy a primary house with 5% down and stay for 2 years after which I can rent out (hoping rents increase by then) if not I can sell it and be and be exempt from taxes on capital gains.2.