Here's that thread:http://www.biggerpockets.com/forums/51/topics/64150-installment-sale-tax-treatment-questionGood luck figuring out how this works from that thread.

Checking the minutes is a good start but the absence of issues ini the minutes does not mean there are no deferred maintenance issues.John CoreyI would guess that an outsider would not be permitted to inspect the common areas, except visually.

I have held the property at times in order to qualify for long term capital gains treatment, that would be hard to do if I was paying hard money rates.

You are renting.The capital gains treatment applies after you own the asset for 1 year.THough you could reduce your tax bill if you held title long enough to fit the capital gains tax treatment rules it might not be the best investment decision.

Paragraph C-59 of the HAR Standard Purchase Contract (formerly the DROA) is an OPTIONAL, yet detailed, provision concerning Termite Inspection and treatments.Your Lender will likely require inspection and treatment (of any live infestation), and IMHO, rightfully so, given the voracious appetite the little buggahs have around here...

Am currently rehabbing a house and can hear the water gushing under the house (Crawl Space) when toilet is flushed. I'll be cutting into the floor and fear that there may be raw sewage under the house (the leak wasn'...

Our next purchase though is getting the hardwood treatment where it's needed.Thanks for your replies.

You should get to the point that when someone calls offering a property in your target area, you can visualize the street and you KNOW the value of houses on that street.

Property acquired and held for sale typically does not qualify for 1031 exchange treatment.

It would be long term capital gain treatment and taxed at the 15% rate.