Sec. 1.263(a)-5(a)(6) required disregarded entities to capitalize start up costs if they exceed de minimis ($5k).

DSTs (Delaware Statutory Trusts) are viable options for accredited investor who are seeking to defer their capital gains tax and also don't want to be a landlord anymore.

@Ron Ramsden I've been in construction most of my life and somehow I've never had to deal with de-leading.

What contracts in Delaware are required if a licensed REALTOR wants to wholesale properties 🤔

Some will say that if this is your first, you don't have to comply because there is a de minimis exception. 

Then I use the proceeds as 5 separate down payments of $200K for properties B,C,D,E, and F respectively. 

Like @Jorge De Jesus stated "Pick a list: FSBO Tax Delinquent NOD Probate NOO Etc...Pick a method to find them: Online Drive for dollars Door knocking List source Referral PPC Etc...".

It is situated in a B neighborhood on a cul de sac located about 1 mile away from a train station to NYC and half a mile to the main street. 

It is situated in a B neighborhood on a cul de sac located about 1 mile away from a train station to NYC and half a mile to the main street.

@Jorge De Jesus thanks for the advice.