Effectively, this means that for any gain recognized by an individual on or after October 4, 2019 and before October 2, 2020, there is no 180-day period but rather a single deadline of March 31, 2021.

Again, I am not looking to go with the cheapest items available, but recognize that there is a limit to the price of items that should be installed in a rental property like this.  

While the house was absolutely disgusting, and numerous other investors declined from making an offer...I was able to see through the clutter and recognize the house was a perfect find.

But, aside from the fact that the country has successfully proven out the effectiveness and vast personal & societal benefits of working virtual, the financial, social and cultural leadership in certain parts of the country are absolutely driving people with means to depart certain localities and states.

The corporation recognizes gain to the extent the property's FMV exceeds its adjusted basis.

I know that there are many challenges with affordable housing and lower-income tenants so I can recognize the value in taking on a more manageable property to start.Thank you in advance for taking the time to help me review this deal and learn more about what to look for!

Once you get a coupe deals under your belt and build experience, you will have a proven track record that will allow you to access more creative financing options.  

I've recognized that change is afoot and am now contemplating what to do about it?

With that being said, I would love to pay my dues and earn first hand experience in exchange for giving freely of my time with a proven and experienced whole sale team either in the New York or South Carolina markets. 

There are certainly some strong cities with great price appreciation and proven growth out there.