At the state level a law was proposed to place additional 15% tax (on top of local occupancy tax) on STRs.  

IRS guidelines would require you to seek out a tax professional but i believe you are taxed on gifts above $14k.

It should not be considered financial, tax, or legal advice.

When in fact, syndicators have to comply with federal laws about money raising, and generally the persepectus/info sheets and syndicator's history are quite useful in evaluating deals.To the OP - ignore the suggestion of finding syndication deals. 

Complicating this issue is the need to do a 10-31 due to stepped up value/capital gains tax on half of the land.  

A single-member LLC provides protection while allowing you to report business income on your personal taxes.

Hi,I am budgeting for the basics for my NOI (and taxes, insurance too):1.

The Federal Funds Rate...the rate at which Banks borrow from the Fed, is 5.25%-5.5%.

The requirement to defer all tax is simply to purchase at least as much as your net sale (in your case 50% of the net sale of the entire property). 

What would be the best way to do this for tax purposes, liability, and breaks?