Would this be beneficial for the family regarding estate taxes (FIL is in very good health and not foreseen to have many health issues in the next decide)We welcome your thoughts and ideas on how we can make the most of this situation and arrangement.

Unfortunately it has become pretty saturated with other investors.

the code is the code.. if there is a code for variances I have a hard time believing that they can single out the current owner but let you as a new purchaser use the code for the variances.. that sounds pretty odd to me..

This is the only way pretty much that I have found.

@Grant Hosticka - Looks like you're calculating things pretty correctly.

This might be a lengthy post so I apologize.Last March I took my first full time job as an experiential market manager in Orlando and although my job is pretty fun I quickly realized why I was an independent contractor for so long.

My profile pretty much tells it all so please check out my profile description.In a nutshell, I am working to break into the commercial/multifamily real estate investing space.

The price/SF is dropping pretty fast too.....I am thinking RE market is REALLY turning the corner now.....

I've known one lottery jackpot winner, and what it did to him and his family wasn't pretty.

Zip code 68104-Last years taxes = $1520-Purchase price and financed amount at 4.6% for 30 years = $120,000-Closing costs and funding fee (VA loan) = $9,200 paid out of pocket-Pretty much turn key property, minor repairs that I can do, less then $200 worth of work.