Which is code for- has a great profit margin after expected repairs.  

The current tax code provides special benefits in this situation.When the original owner passes away, the "basis" of the assets resets to the market value at the date of death.In the US, there is currently an estate tax exemption of approximately $13 million per person, which allows the basis to reset, and depreciation can start anew.This “step-up in basis” is particularly useful if the next generation wants to sell the asset.Since their basis is set at market value, if the property is sold at that value either at the date of death or within six months, there is no capital gain and no taxable event.There have been many examples where portfolios of fully depreciated real estate worth tens of millions of dollars have been passed down from one generation to the next, resulting in little to no tax liabilities for their heirs.Pretty cool, right?

You clearly don't know what your doing and should NOT, by the rules and codes of NAR, be a primary listing agent on anything right now.

The website will be difficult to do from my experience with out of country websites promoting illegal activites.

HI StuartThanks for the detailed reply.Part of the research process for me is posting in the forums and hearing a variety of responses, since many times online sources are just promotion of services that solve a problem related to the search term.

. - The main question here is do you qualify as a real estate professional according to the tax code.

Check the codes in your location for the minimum requirements for a home to be used for assisted living.

Onerent’s current Net Promoter Score of +40 is 46% higher than competing property managers.

With everything exposed, were talking code requirements on everything.

Be sure to check your zoning code to determine what kinds of businesses are allowable.