The CG is not on the lump sum of the sale, but (ignoring lots of details) CG is (Net Proceeds of the sale) Less the (closing costs of the purchase) times a CG tax rate.There's lots of adjustments but that's the outline.

Basically what I'm saying is that sure, those very specific scenarios that you outlined are unlikely to happen again, but really what's important are: land limitations and demand.

It does not matter if it is effectively the same (even though it isn't, for reasons I've outlined above).

If it was me I'd probably start by considering holding the property in an LLC and outlining everyone's ownership interests/contributions in supporting documents and including procedures for disagreements, buyouts, etc.  

Hi @Brian Ortins , I've been working on my business plan for the past few weeks,  I'm not going to lie, I've started by using J Scott's free plan as an outline, it's been very helpful!  

I also collect a bit of data and outline all of my qualifications and fees before showing the units to pre-screen tenants and eliminate tire kickers. 

Appreciate the call for concern - perhaps I should have left off specifics of the fund though it wasn’t for solicitation - rather to outline what we are doing and that he can do so too.

I was planning on using the general phone discussion outlined in the book "Flip", and see how that goes.

However it was outlined [not to do] it in OH laws, you cannot do it that way, but can be done in other ways.

They do not get discounts for being what is expected by me and outlined in our lease together.This is why proper screening is so important.