Met up three times, first for the showing, next for the lease agreement and finally for the move in key release.After move in, my repeat attempts to communicate has met with no response or even acknowledgement.After a week after move in a courtesy email asking if everything went well, if there is any issue or concern that needs to be addressed, nothing.Another week gone by I sent by email electronic rent payment instructions for April 1, also no reply or acknowledgement.Another few days after that a text message was sent to ask if the emails were received, no reply.A phone call the next day went straight to voice mail, left a voice message to call me back or reply to my email/text. 

You will most likely need to take a commercial loan if you attempt to buy through an LLC.Then you need to decide on equity and operations.

People who were in the middle of flipping 2-5 properties got really hurt, some I know of let places go or attempted to sell for small percentages of their estimated ARV.

With the expenses & time required to get licensing--not to mention the networking and transaction experience needed to get deals done as an agent--I'm not sure I would do it if I were attempting to accelerate a real estate investment portfolio on my own.On the other hand, if you like working a sales-type job and don't mind waiting a bit to prove your income (or get creative and partner with people), being a real estate agent can be a good way to gain knowledge and connections in real estate.

Or what the improvements are that you feel were made (or at least attempted)?

However, I would caution you: don’t attempt it if you don’t have any experience dealing with projects that need extensive work.

This is NOT intended to be legal advice but merely an attempt to point you in the right direction.

I would suggest getting a lawyer involved to attempt to under this transaction and do it property for tax purposes as this can be done without gift tax. 

U.S: The "holding purpose" inquiry may appropriately be conducted by attempting to trace the taxpayer's primary holding purpose over the entire course of his ownership of the property [Not just time of the sale](c) Were the sales ordinary in the course of that business?

Early in the pandemic, if you remember back that far, toilet paper became a rarity on supermarket shelves as shoppers stockpiled essential staples amid curfews and lockdowns (attempting to stem the spread of COVID-19).