Since Nassau County home prices are high, ensuring there’s enough room for profit after the flip is essential, especially considering the potential family dynamics and the costs involved.It’s definitely doable, but being upfront with the family and working with an estate attorney are key to making this work for everyone.

Implement Data-Driven Decision MakingData is essential for making informed decisions about acquisitions, pricing, and operations.

River, I have bid on a few properties that would be great for short term but most of what I am looking at are for long term due to town restrictions and very good school districts.

Dealing with challenging individuals can be frustrating, but it’s essential to approach the situation professionally.

Additionally, the limited rental period may not significantly impact the gain, but it’s essential to confirm whether any prorated exclusion applies or if the IRS rules regarding converting a primary residence into a rental property could affect the tax owed.

Both have good school districts and are desirable.

Big Money investors buying all kinds of property south of downtown and West of downtown in design district. 

This documentation will be essential if you decide to pursue legal action.3.

How are you guys getting around the non-occupied 6% assessment plus school district property taxes?

If you refinance it as your primary residence, then yes, you will be signing a new Mortgage at closing that says you intend to occupy for 12 months, essentially resetting your clock to another 12 months.But here's the huge kicker.