This person could introduce me to others who might be of benefit down the road when maybe I'm putting together my own deals.

Elderly owner of 20 unit complex selling portfolio but suffered significant tax consequences ( assume capital gains) when sold her previous property. 

Your taxes will be based on gain from that point after depreciation is added back in.

A couple thoughts- why wouldn't you live there for a year and take advantage of the benefits you mentioned above?

What is the best way to avoid paying Capital Gains when selling farm ground?

That's something else you can think about.I gained a lot of confidence analyzing deals just by running a lot of numbers- even on homes I wouldn't buy.

Tell them the benefits of seller financing for them.

Forget tax benefits, are we really settling for 3.5% cash returns here?

I'm assuming the IRS doesn't see the benefit of reattaching a lien to a property that sold for $225 and worth $300K (lien is 30K)The original property I first went after on this thread apparently does have a few lien/judgments against the female owner. 

I would like to gain a more in depth look into the community and would also like to add some value to your investment/time.