Bear in mind that this applies only to capital gains tax, however, so you will still owe Sec 1250 depreciation recapture taxes for depreciation deductions taken while it's a rental.However, if you're just trying to find a way to avoid taxes, generally, and don't necessarily need the cash, you have some other options.

After doing some research,  the land is wetlands and generally undevelopable, but will this yield me any equity as my land amount has doubled since the appraisal ? 

So, my goal is to transition most of my bookings to my web site directly, with the help of Facebook, Google, and social media in general.

And also any advice I can get on real estate in general.

I don't think it would be at all crazy for a newer flipper to hand the general contractor bid to an appraiser experienced in ARV appraisals.

Not so good if you have the time and want to devote the effort into building your own team, you want to learn as much s possible about investing from the ground up, want the opportunity to maximize your equity etc. you get the general pattern.markets (mostly midwest, and some in south)Cleveland, Dayton, Cincinnati, Indy, KC, Memphis, Birmingham.

These are forms that an attorney will have a secretary prepare (and notarize if the sellers are in the area.)

I am planning on building a ADU in my backyard and I was wondering if I should just hire a general contractor and pay lot extra or do my own project management  by hiring individual contractors/sub-constractors to do the job.Like - Arhictecture and permit person, plumber for all my pluming including addition sewage and water lines , foundation and framing contractor.

Hey GuysI'm a licensed general contractor in Grand Rapids and I have been a custom home builder for the last 5 years. 

It is good for very general use.