Determine if they are even motivated to sell, sounds like they may not be, but circumstances change all the time.

When using a commercial loan for a short term rental, how is the loan determined?

Can anyone confirm definitively what the calculation is for determining the federal capital gains tax on the sale of a long-term asset (rental property) for someone in the 15% capital tax bracket?  

@Colleen F.Did your dad determine they were functional, or was there another entity involved that advised to repair ?

Definitely not something you found on the internet. 

The capitalization rate of an investment can be calculated by dividing the property's net operating income (NOI) by the current market value or acquisition cost of a property - expressed in the following formula: Cap Rate = Net Operating Income / Current Market Value " Chicago Cap Rate Analysis Please keep in mind this is a high level analysis.It should give you a ballpark idea of cap rates in the various Chicago neighborhoods.But some assumptions were made for this analysis.For example, to determine the net income for a property, I assumed it would be 50% of the Gross Rental Income.

I'm determined but I'd like to hear from some people, especially those who know the area I'm moving to.

And local laws determine the number of animals.  

I am definitely a small fish in a big pond, however I am determined to make this work.

., analyzing all the numbers to make sure that the deal will be profitable), and they determine that this property has a ton of potential.Since Jane and John don’t have enough money to purchase the $10-million property themselves, they decide to put together a real estate syndication offering.