Keep in mind you could have additional cost for new furniture and fresh paint (cost us just over 15k) for 1800 sqft.

This is a house that has additional square ft added on, so they listed that as the reason for marking the question as positive, as new foundation and support was added for the additional sqft.My question is: Is it a standard practice to check this box as "yes" in the disclosure when additional square feet has been added on to the property?

If you don’t do a 1031 exchange, you should definitely try to hold the property for at least one year to get the long-term capital gains tax rate.

While I have basic underwriting skills for mobile home parks, I would like to gain a working knowledge of the specific steps needed to make a solid offer on an RV park.

If you’re looking for an awesome realtor or any additional information feel free to message me!

In just the past few years we have gained excellent traction having completed 12 real estate private equity transactions totaling $3.8 million averaging 30% return on capital investment.

In addition there is a plumbing error that is now costing an additional $8200. 

In January my wife and I purchased 130 acres of land, for 480,000$. we are going to sell two 10 acre building lots,  probably for somewhere between 100-150,000 each. we will keep the other 110 acres.  2 acres we will subdivide out for ourselves to build a house on,  and the rest will be rolled into a Christmas tree business. on the acreage that we sell,  will we be hit with capital gains since we're still going to be approximately 200,000 in the negative? 

If you wanted to take it a step further, you can have them add your LLC as an additional insured to their insurance.

As Mark said, if you can be patient and hold out for long-term gains, you will not regret investing in a high appreciation market like Columbus.