What that means is after you have your plan from #1 upon death the value of the land is set at current values.

Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.

Much easier to when you start with people who understand the question.One way a friend does this (not USA based) is to set up joint ventures.

TurboTax should've handled that for you, but if it didn't, maybe double-check your settings or give their support a shout.

Commissions can generally be a part of seller concessions but there are limits to the amount of contribution, particularly for investment properties (usually 2% of the sales price.) 

With the new STR laws in Chelan County putting lots of restrictions on STR owners, occupancy limits, and a cap on the number of STRs in certain areas it is very difficult to get into the STR market here right now.

Also, setting up one of the units as a medium term or short term rental to increase income.

Market sets the rental price.... not tenants being persuaded to stay. 

Here are some insights from individuals who have embarked on this journey:Creative Financing: Many investors have used creative financing strategies to overcome the obstacle of limited capital.

Considering the building is still legally set up as condos and they are rented at much above market rates, I'm wondering if I could still demand $1.4 million for it?