Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them.

When you find your buyer, you then exercise your option to purchase at the same time as the new buyer closes.

If you are in need of a sample one please let me know I will be more than happy to provide you one.

It was a good exercise for about 6 months when I realized I learned the Miami market and didn't need the map anymore.

With purchasing car below 10k using cash we don't need to think that much of depreciation.I also have few mountain bikes for exercise LOL which I am buying by cash as well.

Yes, in my example the mileage deduction was less than the actual expenses deduction, but it's only because of my sample numbers.

I'm not doing anything illegal just exercising my legal rights to know who and where the checks I'm cashing come from.

Says he often gets to exercise his option because the heirs who would fight you tooth and nail when the owners are alive, are more than happy to let go upon the owners death.

I made mine up by combining several samples together.

Whether or not you want to continue with the tax mitigation of a 1031 will be a proforma exercise with your professionals.To your specific questions your accountant will calculate the basis on the land when you do the 1031.