Almost if not all failed portions of your inspection report need to be remedied completely by the seller before closing.

However I see that if you can structure this deal correctly you can qualify for a long time capital gain.Tips to get capital gain treatment on the sale: A) If you have actual investment property and you are dealer: -Maintain separate book-Document intent to hold the property as investment property in Minutes or other document-Report expense as investment expense on tax return-Also use separate entities.Using controlled entity to get capital treatment on land:-it is important that the sales price reflect the property's actual FMV at the time of sale. the formalities of a sale must be observed.

No decision has been made but media outlets in South Korea are reporting that the technology giant is likely to choose Austin for the semiconductor factory.Austin is already home to a large Samsung manufacturing campus, with two fabrication facilities or fabs.

Instead of calling to report the issue, she went and purchased space heaters and then demanded we reimburse her for cost of the space heaters.

I explained some of my minimum requirements (10% COC, 8% cap rate, etc) and provided multiple BP reports to the seller along the way to justify our offers.

In my case it was for a flip, so we gave in and bought it, even though all of our business revenue was reported in the city in which we conducted all our business (collected revenue and paid bills.) 

A recent Bankrate report lists low inventory, builder's inability to keep up with demand, an influx of new buyers, strict lending standards, low rates, and muted foreclosure activity as the six reasons why they believe no crash is on the horizon.

Repair the items that came up from the inspection report. 2.

There are so many items you need to check on a mobile home park in due diligence and we wrote a course around it.Here is a short list of the most "deal-killing" items:1) Test ad.2) Certificate of Zoning from the city or county.3) Phase I environmental report.4) Review of last 3 years of P&L (and tax returns if available).5) Forward forecasting budget.6) Rent roll and payment history.7) Review of the water, sewer and electric systems.8) Size of each lot.9) Confirmation of which homes are occupied and which are vacant.10) Rent comps on all competing mobile home parks.11) Study of the metro market.12) Survey and title.Mobile home parks are much more complicated than they look.

@Matthew J.If this was a rental property, it was a business asset and the gain would be reported as a gain on business asset(section 1231/section 1245/section 1250) reported on form 4797.