To find the value that you will pay transfer tax on you basically need to use formula whichever is grater either amount you pay+other consideration or county valuation multiplied by CLR. 

Personally, I shoot for a profit (before taxes) of $15K or 15% of the resale price, whichever is higher.

The gain up to the total amount of depreciation taken or allowed (whichever is greater) is subject to this tax on unrecaptured deprecaition.

I'm going to be sure to crunch the numbers on whichever property I invest first into and as long as it's expected to generate a comfortable amount of cash flow I will pull the trigger.Thank you Denise S. good day to you as well fellow BPer! 

I operate under an exemption in NRS 645B.015 (7), which reads: "Any one natural person, or husband and wife, who provides money for investment in commercial loans secured by a lien on real property, on his or her own account, unless such a person makes a loan secured by a lien on real property using his or her own money and assigns all or a part of his or her interest in the loan to another person, other than his or her spouse or child, within 3 years after the date on which the loan is made or the deed of trust is recorded, whichever occurs later."---- The key starts with "... unless such a person makes a loan secured by a lien on real property using his or her own money AND ASSIGNS ALL OR A PART OF HIS OR HER INTEREST IN THE LOAN TO ANOTHER PERSON, OTHER THAN HIS OR HER SPOUSE OR CHILD, WITHIN 3 YEARS..."

Whichever way you go, just do your due diligence.

You will be amazed with the amount of information that a skip tracer can find on an individual.Basically they run the info against data bases such as utility, cell phone, criminal records, registered vehicles....When dealing with collection agencies you need to keep in mind that they are most interested in people that can supply them with regular business.

Their office or cell phone can easily be attained.

Whichever city/state she picks, even here in Florida, my new plan is now to 1031 exchange to current investment home to a 4 bedroom property whereever she goes to college. 

My goal is to buy two cash-flow-focused multi-family properties by the end of the year with the savings I've got in whichever state makes the most sense for me.