The homeowner told the folks at the water department that she really needed to sell this house.

I’ve done really well in the past few years building houses and selling them so I decided to build a cottage to rent out for a year to sell.

You are required to report worldwide income on your federal and California tax return.Since California's tax rate is higher than Georgia, you are ultimately paying California tax rates when you sell the home.California will provide you a credit for taxes that you pay to Georgia but will still be required to pay the difference.

I'm not the biggest fan of selling it unless you have somewhere else to put that money or NEED to sell if you're not cashflowing.

I have thrown multiple offers at a seller that only wants to sell his properties via seller finance.

For example, if rates drop below 6% many more buyers will enter the market putting more pressure on demand and raising prices while owners with 3% ish rates won't sell until rates go to at or below 5%.

You can either put it in a LLC with both of us as owners or you could create a LLC which is owned by each of your individual LLC’sIn the latter instance it would be easier for one of you to sell your interest

For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker

-Cash out Refi with a private lender who has higher rates/fees-One of my friends buys a property in the name of his LLC, rehabs it, then sells it to his spouse.

Someone else said what I should do is build a house for $300k and sell it for $400k?