Real estate coaches might not be your first line of defense but perhaps they should be part of your arsenal if you are struggling.The first step to figuring out if you need a coach is to gauge your tenacity.An effective coach can serve as your adviser, accountability partner, champion and supporter.

I would check locally if there any laws that may effect on a rental.  

In tenancy in common, death of one of the parties shall have the effect of transferring the rights of the decedent tenant in favor of his heirs.

Hi @Jason Burr,Installment sale transactions often referred to as Seller Carried Back Notes or Seller Financing can be a very effective way to help the seller get out of their property and spread taxable gain over the term of the note (depreciation recapture would be taxable in the year of sale, capital gains would be deferred over the term of the note).However, you might get pushed back from the seller because it does trigger their taxable gain and they may not wish to do so.

If you'd like, you can private message me and I'll send them through appraisal review to see what public records etc...they come up with.Stephanie If the buildings are taxed separately then it would show that the plot of land has been split into two separate parcels.

Your RE license has no effect on your tax return.

It is a counter-balance effect.

Hi,So I am digging into the seller financing option since it seems like a very effective method for getting in with little money down and not having to deal with banks.Something I am wondering about, is if the seller financing option works like a regular loan where you can refinance and just pay off the principal at any point. 

My printer does all of that, and I'd like to think it helps to be more efficient and effective in my DM efforts.Happy to share his info if interested- good luck!

Typing out all the possibilities & explaining the combination lease back & 1031 would be arduous .In a nutshell, for an effective solution you need to calculate her gain & then brainstorm solutions to solve the sellers situation.