Does that number include tax, insurance? 

Additionally, acquaint yourself with New Jersey's security deposit regulations and be prompt in addressing maintenance issues, possibly with the help of a local handyman.

@Patrick Rafferty, Any tax paying entity can do a 1031 exchange. 

Did you know that the tax code offers many incentives for real estate property owners that have a cost segregation study performed, thus allocating costs to 1245 property?

I am wondering what are the tax implications for this individuals (most of them are from Spain). 

He is ONLY willing to sell by owner financing.I am not a tax expert in estate taxes, but my guess from knowing others who have had similar situations is that IF he sold it outright for say 300K, he might have 75K of taxes.

For the tax experts here, when I take a policy loan on life insurance for private lending, how should I structure it to minimize taxes?

I know there are pros and cons to selling my primary home to my LLC but my question really goes a little deeper than just tax benefits:I am curious to know if I sell my primary home to my LLC regardless of tax benefits; and then rent it back to myself (through another LLC) … technically I don’t have a primary residence anymore so I could buy a Multifamily or Apartment complex as long as I am willing to live in one of the units correct?

Need more tax shelters? 

Tired land lords, pre F/C, tax liens, and probate sellers.