Can we avoid the capital gains tax on the profit from the house if we maintain ownership even if it is not our primary residence?

A buttload of kids in a concentrated area seems plausible.  

Nothing is absolutely certain, but a business entity, properly formed and maintained, can assist in insulating your assets from liability.

To make sure you are finding the most motivated sellers you need to maintain, scrub, and continue to build your list so that you are always keeping your list up to date and tidy.A good tip to keep your list looking good is to send your first mailer via first class so that you get your returned mailers back and you can remove vacant or undeliverable addresses from your lead list.2.)

We don’t compete in the residential note market, preferring to concentrate on commercial real estate notes.

In fact, they have almost no fees at all whereas Wells Fargo wanted to charge me over $500 to maintain the same number of accounts because they were business accounts.

For 2019 and future years, maintain a detailed log as wellSide note; If you have Commercial and Residential, you need to treat them as separate enterprises for this purpose.

You may possibly be able to word your written notice in a certain way that would technically and legally allow you entry, but this is not a recommended option if you intend to just check up on the tenant.My suggestion is keep trying to contact the tenant and communicate the value of an inspection so that you can maintain high standards of your property for the tenant to enjoy.

The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments(maintain your property, etc) - these simple steps will help you prevent lawsuits before they even occur.

On the other hand, keep in mind that there are costs associated with maintaining an LLC (such as the $800 annual franchise tax in California).2.