Joshua, This one has already had an offer accepted contingent upon an inspection and short sale so third party approval required.  

In order to save in taxes can you sell both properties as a package deal but allocate more of the sales price towards the dollar store property that is eligible for capital gains?

You are talking about note sales.

Have fun - don't take yourself too seriouslylearn the pleasures of COLD CALLING sellersread financial newspapers - look for auctions - law suits -failure to pay taxes notices and business opportunitiesSearch tax sales - attend tax auctions - read probate adssit in court - listen to cases - find motivated sellerscreate a Fiduciary Buyers Broker agreement with smart agents - pay them for non-listed real estate.don't waste your time with non-responsive agents - brokers - lenders or sellersbe demanding - get answers - don't be passive - at our age (I am 75) we don't have time to waste!

Heirs in her will might also have something to say about it.Also, your cost basis for possible sale down the road would be based on the lower purchase amount.

In Oregon, is it common for the homeowner to be allowed to remain living in their property for the 180 day redemption period following a sherrif sale?

There would be a lot of benefits to getting one and expanding your business opportunities, helping with sales, etc.

I am a licensed sales agent of just 1 year and I realize that investing in real estate is where I want to be.

I would say they will give you the best run down of the market and area (they are sales people, however).

Looking for "AS IS"NY State purchase contract formI have a potential buyer for a house I put up for sale on ZillowAnyone have a good source for a NY State contract to purchase form I can fill out for them to sign?