However I see that if you can structure this deal correctly you can qualify for a long time capital gain.Tips to get capital gain treatment on the sale: A) If you have actual investment property and you are dealer: -Maintain separate book-Document intent to hold the property as investment property in Minutes or other document-Report expense as investment expense on tax return-Also use separate entities.Using controlled entity to get capital treatment on land:-it is important that the sales price reflect the property's actual FMV at the time of sale. the formalities of a sale must be observed.

I have been studying and learning about real estate investing since November of 2020.

I’ve been studying real estate for two years now, started with wholesaling but it was hard for me to close on them.

It looks like it's been well maintained on the inside; the outside has paint chipping) I anticipate learning more during an inspection. 

If you delead within 90 days, and maintain that standard going forward, you are no longer liable for any lead paint issues.You can use this in your negotiations on any new properties you look at.

I'm considering Black Swan study, but looking for a good entry point.I would not choose Cash Flow Quadrant because I recommend Rich Dad Poor Dad as a prerequisite for optimal understanding.Loved Richest Man in Babylon, and Josh's Real Estate Book, I just think they should follow Rich Dad Poor Dad. 

Ive stumbled across a couple but havent seen any actual activity as of lately from either the Mid ohio valley crew, or the Ohio rei crew.Thanks i just moved back to the area after finishing up college studys in nc. and looking to reconnect with other investors/REI people in the area.

There are so many items you need to check on a mobile home park in due diligence and we wrote a course around it.Here is a short list of the most "deal-killing" items:1) Test ad.2) Certificate of Zoning from the city or county.3) Phase I environmental report.4) Review of last 3 years of P&L (and tax returns if available).5) Forward forecasting budget.6) Rent roll and payment history.7) Review of the water, sewer and electric systems.8) Size of each lot.9) Confirmation of which homes are occupied and which are vacant.10) Rent comps on all competing mobile home parks.11) Study of the metro market.12) Survey and title.Mobile home parks are much more complicated than they look.

@Katelyn Bumacod Study Dallas, Houston, and Austin more closely.

Either way, you can increase your cash-flow up-front by doing a cost segregation study and maximizing your tax benefits.