I know this will go down over time as one gains experience.

I've been swamped at work.Bill Walston,He would be looking at the possibility of seeing some taxable income; however, he would see a substantially higher taxable gain rather than what the capital guy contributes.In my opinion, I would go with a two entity approach.

My ultimate goal with my site is gaining pure organic leads; although, I know some leads will flow through the site because of direct mail and ads such as Craigs List.

But even if it did, it makes no sense to even look at a 1031, since the OP indicated that the house would not sell for more than the basis (what was originally paid plus improvements) - so there's no capital gain to try to defer.

I don't disagree with much of what has been said in this thread but I can assure you the park models or mobile homes are built to a much higher quality now than in the past when they gained the reputation.

The reason i ask is I am in a similar situation where I could sell for a small profit $2-3k, or refinance pay off my partner and cashflow $350/mth as a rental, all the while gaining appreciation(ideally).

Hello AllThank each and every one for your help and valuable input!!

Assessors know many give up or do not want to put that much time in it to win the case.I see it here in GA in Fulton county where they are so back logged with appeals people have pending cases for years "still under review".The boards can then bill higher taxes and then render the cases verdict later on with credits when the market is stronger and the city and counties are not bleeding cash as much.

The experience you can gain from being around the site and getting a little dirty is irreplaceable, but like Will pointed out, we did not want to screw anything up.

Just try to save up that money while working another job, and start part time until you gain momentum.The 3 best ways to get results fast cost virtually nothing - networking, cold calling and door knocking.