You don't have a MHP, you have a horizontal apartment building as Jefferson Lilly says.You don't capitalize the rent portion generate by POHs.

So many people are being led into the home flipping business and have tons of gurus teaching on lead generation, follow up and closing deals.

I am looking into strategies for this situation and wanted to look into the idea of selling the home and subdividing the land.I am not entirely sure how the subdivision process goes so I am looking for explainations or resources on that, as well as how to analyze the potential profitability on subdiving.

They’re worried about not profiting as much since they have the payment!

We are agreeing to split profits 50/50 not including her broker's portion.

At the end of the day, you are investing to make a profit, and you will be taxed on that profit regardless of whether or not the profit comes as normal interest or return of discounted portion of principal balance.  

I"n a flood zone can push your numbers to apoint of bare profitability. 

What if your partner funded the purchase and you funded the materials and provided the labor then split the profits?

You were not able to take any of the losses because your income was above $150,000.in 2017 - you have 7,000 of suspended losses and $1000 of loss generated in 2017.You sell the property for $125,000 and your adjusted basis is 78,400(21,600 of accumulated depreciation).You calculate 46,600 of gain but you are entitled to report the $8000 of losses on schedule E.Let me know if you have any questions.

Hi BP Community,Has anyone ever heard of PinPoint Profits?