Flipping commercial property really requires a deep understanding of the market and the subject property's potential to avoid the pitfalls of having it sit on the market because you overshot your numbers, units going unrented, your budget falling short, etc.

Then, I'll look like a rockstar for having avoided it. 

So remember, for legal and tax planning, a good CPA will recommend that clients hold their properties in an LLC or Limited Partnership and run their businesses as S Corporations to avoid self-employment taxes.

Would it possible for my parents to transfer the 100k to the account of an LLC in my name while avoiding capital gains taxes?

First I need to hit the 2yr mark to avoid capital gains tax if I decide to sell within 3 yrs after that (5 months from now, 5yrs total).

If I had to make a bullish argument for inflation adjusted home prices rising it would be due to capital flows rotating out of cash to avoid paying interest on deposits or just chasing yield because negative interest rates pulling down returns even lower.  

The earnest money deposit was big, like 10-15% of the purchase price, and like I said, it went hard extremely quickly to avoid me having a house to sell at the end of the day. 

J Beard I intended to keep it for 2 years at least to avoid any capital gains taxes.

Now that we understand each other better and, in an effort to avoid an interruption in rent and the cost of painting, I would like to keep him.However, a touchy issue arose this week: Apparently the couple below him has been engaging in some very loud and difficult arguments including what sounds to him like glass breaking against walls.

That means I get taxed on depreciation I could not take.Is there any way I can avoid this?