I personally would think that you should 1) learn how the taxes would affect your profits 2) find and compare both potential profit numbers (sell now vs. sell after 2yr cap gain exemption) then 3) pick which one suits you!

Therefore we are having our March meeting on April 6th and afterwards we will get back to the regular schedule of 4th Tuesday of each month.Location:Benchmark Realty318 Seaboard Lane Suite 113Franklin, TN 37067Look for signs and enter through front door.

Originally posted by @Michael Plante:Have only used BP on mobile I like them  LOL i figured the new "updates" are to suit the cell phone crowd better.

I own a house with a large garage that is suited well for automotive enthusiasts like myself which next month will be a rental.

If the city is pouring time and money into revamping an area, then it would be natural to see the real estate follow suit.

I've also addressed / challenged your particular opinion (and assumptions) in regard to the trust aspect in the alternate thread on that trust topic since it's better suited for that focus of discussion

Once I have a few (or more) deals under my belt, I think I will have a better idea of what my strong suits are in real estate as well as the areas where I am not so strong.

Hello BP,What kind of loan would a lender offer someone if they didn't have a primary residence or primary mortgage (say for instance they rent or live in a house that has an "in-law" suite) but they want to purchase a STR property with the purposes on making income and staying there a couple of times per year?

As Nathan said the likelihood a suit exceeding your general liability is rare but I still have an umbrella since it is 300/year and it makes me feel safer.  

(In addition to those sources, there are a few others that are less common, such as HUD and SBA)Your track record of experience with MHPs may have significant impact on whether a loan is considered, and whether you can negotiate the terms of the loan, so be prepared to demonstrate your experience, or the team you have built around you who has the experience.Typically smaller deals under 50 spaces or locations that are more rural will be best suited for banks.