A properties lend themselves to specialized housing like student rentals.Affordable Housing can be a huge benefit to an owner with qualifying local, state and federal programs providing grants for work to be done improving the asset.Unit mix is important having 2 to 1 ratio of 2-3 beds vs. 1 beds leads to less turnover.Remember the US is the #1 destination for foreign investors in real estate.

There is no county, city or state record of sales as we are surrounded by lands owned by native Alaskans, and the federal government.

It must be paid to you as compensation or as a dividend the taxable value of which the must be the Fair Market Value of the property.

Little known perhaps is that the IRS has for some time considered longer than 3 yr options, like Ron LeGrand's 5-10yr options to be taxable events as if it's an installment sale.

In doing so I read state statutes and reviewed federal law surrounding mortgage lending.When I read something that was contrary to my plans I considered ways to avoid violations or ways to circumvent the issue steering clear of prohibited activities.I devised my plans and then I sought letters of opinion from regulatory offices, from federal down to local authorities.So, I really do understand the tendency of people with vested interests in doing something and reading statutes to look for ways to avoid or circumvent laws or road blocks to their goal.The SAFE Act, is the first federal regulation that stresses "intent" and compliance being required.

I was thinking lately about taking out a loan or two for rental properties, but I have some concerns about the federal government/politicians/partisanship, a tech bubble in the stock market, shadow inventory held by the banks, economic problems on the part of the country that could affect the housing market, the drastic increase planed for the flood insurance industry (and I'm coastal) and the fact that the banks haven't really been brought to heel since 2008.

If you sold today, you will have two taxable components.

I was told that for mortgage lending two years of profitable self-employment is required even for portfolio loans per federal law.

Another issue:You can also be in violation of state and federal securities laws.

George, I hear that a lot how the US Dollar has lost 98% of its purchasing power since 1913 (federal reserve instituted).