There are ways to apply that "boot" to repairs and improvements to avoid taxation on the gain (the proceeds are kept in escrow and drawn to cover the repairs as needed) - identify a Qualified Intermediary that you wish to use and ask them.Originally posted by Jay Wright:...2.

I would just advise you to watch some youtube vids on basic excel and keep practicing, you'll get used to it.

You can also find practically new appliances on craigslist.Bathtub refinishing.

Instead I will spend more time on this forum learning what is and what is not acceptable practices.

I am planning on renting it once I make a few improvements on it, so should I select "No"?

But the practice of many small farmers trying to survive on tiny plots of land is difficult to sustain.

will that improve my score?

I have gotten a lot of practice with it over the last two years ;-)

Plus you would have to file a Form 1041 for the Trust Since you in no way would be considered to own the property.Some other good reading: http://www.illinois-attorney.com/practice-areas/illinois-estate-planning/illinois-land-trusts/-Steven the Tax Guy

It improves cash flow and builds character.