The tax people will chime in I'm sure, but there is no way to avoid the tax hit on this flip as I understand it.

Trying to avoid that.

However, it focuses primarily on urban aspects and therefore the urban core neighborhoods. http://www.metrojacksonville.com/article/2013-apr-due-north-the-st-johns-river-is-one-of-manyhey whats up, jack?

First you can gift small amounts without tax liability, I suggest not more than $12K per person to avoid filing a gift tax.

Once you get good at finding deals, then it is that much easier learning other aspects of REI.

It could be a whole new learning curve into a different real estate aspect but could pay dividends in the long run..

Are you happy to spend money to avoid having to cook yourself or would you rather be frugal and make your own meal?

Some landlords actually offer "cash for keys" to just get a person to move out so they can avoid any further headaches.

I know I can get out of the deal with inspection clauses, but it seems like a lot of hassel for the seller to accept my offer, take the property off the market, and then put it right back on if I find something I don't like that could have been avoided by letting me see the other unit.  

It seems like the only real way to avoid capital gains taxes is to do a 1031.