.)● Gain included = (Reinvested amount - basis increase) = 1M - 100,000= $900,000.If A also sells the investment in QO Fund in Dec 1 2031, 10 years later, he does not recognize any capital gain on the sale of his investment in QO fund.If A sells the investment before 10 years, basis in the investment is based on the time it is sold:Basis starts with Zero and increases in this order■ Held for 5 years - 10% of gain reinvested■ Held for 7 years - 15% of gain reinvestedBasis at 5 years = 100,000Basis at 7 years = 150,000Thus gain/loss is determined based on the FMV of the investment less the basis at the date of sale.

(Post should be viewed as theoretical and does not necessarily reflect our true financial situationYes college education fund does count as parent’s asset when determining the financial aid but that would be a concern low earners.Looks like you are already a high earner and every other asset will actually put you above the threshold before college education fund makes you disqualified.Most likely your kid is going to get a subsidized financial aid where he will incur interest right away.

As I definitely don't have the time or money to hire a home inspector every time I'd like to come check out the property, how can the rehab costs be even roughly determined? 

I had my realtor look into any possible issues with the property and we got back the following:Final sales price will be determined by the bank.

And I would love more info from others in this space as to how to determine a nightly rate, get good reviews, etc.

My TX RE Broker has never heard of this law and I cannot find anything on the Internet about it?

Feel like we've scoured the internet and also paid on various sites for information, such as Spokeo in Intelius- though we've found 6 different numbers, none of them are current.  

Their rate is determined on credit score, Loan to Value (meaning how much downpayment or equity you have) and amount of money you are borrowing.  

Determine your NET cash flow for the year, then divide it by all of the upstart expenses you have (all the ones you listed).

That's the beauty of the internet!