It would be long term capital gain treatment and taxed at the 15% rate.

I work in retail and office property, but there are others that focus just on apartment complexs, medical office buildings, drug stores, etc.

Anybody have a good source for a general "Non-Compete" contract?

Jay Gray Holding & Gray Investments, LLC p.s. some of these Detroit neighborhoods still have solid sales (non foreclosure) up around 75-95K so you do the math if you're picking up minor repair homes for 15K and they bring in $800-$1025 a month.

I am the type of person that is very good at "non-pressure" closing.

Bernie, in my experience the good thing about doing the lease option is you can charge a non refundable option fee or "down payment". depending on what the option sales price would be this could be as little as 5k and as high as the optioners will pay in your market.

You're getting into territory covered by SEC regulations.JonA couple of points: 1) Are these types of loans typically recourse or non recourse?

I got a $30k non-refundable down payment and I am making $75/month.

A theory or a system of moral values: "An ethic of service is at war with a craving for gain" Gregg Easterbrook. 2. ethics (used with a sing. verb) The study of the general nature of morals and of the specific moral choices to be made by a person; moral philosophy. 3. ethics (used with a sing. or pl. verb) The rules or standards governing the conduct of a person or the members of a profession: medical ethics. le•gal (l g l) adj. 1.

When real estate is held by an LLC of a husband and wife in a community property state, and then sold at a profit after being held for at least one year, does the LLC qualify for Capital Gains Treatment of the gain?