But I think there's a way structurally to make the allocations easier.When you sell a split use property the allocations are not always clear such as when you've used part as a primary residence for a period of time and then change the allocations, use and duration. 

I got into these because competition is less, price is less, and it has its quirks that are relatively easy to understand once you've had some basic education and understanding of the process.

Both require education, discipline, hard work, long hours, etc.

@Ralph Henderson get more educated on marketing/branding/selling yourself. :)

This could be an interesting and educational battle.

From my experience shoreline certification can be a pain. 6 months to 12 months is realistic and then they are only valid for a certain period of time so if you do not finish the project in time they will expire and have to get another one.

It's a great way to get educated while still being productive.

You need to look through the Wind Shield in order to anticipate if the road ahead is clear or if there are obstacles that you need to avoid.Once you understand how to Drive your Business (or Investment), you start to do calculations based on the future, such as 10 year projections with Annualized Rental Increases, Expenses Increases, Rates of Return, Discounted Cash Flows, Internal Rates of Returns, etc.The people who think you can't calculate the future somehow missed the education which clearly has financial formulas that are designed for that.I am hoping the readers of this post really try to think about why there are formulas like FUTURE VALUE (FV)....... is that just something in someone's imagination?!

Hey Bryan, you could buy you next property in the next month if you want to, but I am assuming you are asking about the 2 year period due to banks wanting to see 2 years of filed Schedule E's to use the rental property income in the calculation for what loan they will give you. 

The long and short of it is that the trust would sell the props and reinvest into other income producing assets, and you could draw income from the trust during your life, and then whatever remains when you pass would go to your chosen charity (or educational institution, they reeeeealllly push this on their wealthy alums, but I like the idea of funding a worthy charity, personally).