The next step will be to determine how much it should sell for today if similar properties have recently sold in the area.

Greetings, I'm working on an off-market vacant land wholesale opportunity and have a couple of questions about how to properly determine the end price I should assign this for.

The caps are important as each year you get an adjustment, the cap determines what that max adjustment can be at each interval.  

., the amount used to determine gain, or the portion thereof that represents depreciable basis) will equal the FMV at date of death.

Yes, I would ask for additional evidence to determine how much of that income is his.

What it will ultimately come down to is understanding your risk tolerance, determining your goals ( ROI, minimum cashflow etc) and building a strong reliable team. 

These retail investors have put together a loose but absolutely determined group to drive the price of the stock up causing a gama and short squeeze that could make the Gamestock squeeze look small in comparison.

But if you live in more than one home, the IRS determines your primary residence by:Where you spend the most timeYour legal address listed for tax returns, with the USPS, on your driver’s license, and on your voter registration cardThe home that is near where you work or bank, recreational clubs where you’re a member, or other family members’ homesThese are simple tests, but it can get more complicated for a homeowner who has more than one home. 

Most of your profits are determined when you buy, not by what you do along the way.

One article is titled: “Determining Maximum Purchase Price (MPP)”.