Greetings.I am looking for a couple of tax professionals to answer a few questions about real estate tax due diligence.

There are three (3) scenarios possible here, and the answer varies slightly for each.Rental Property to Primary ResidenceAn investor acquires rental property and rents it out for any length of time (it was not acquired as part of a 1031 exchange).

Agreed, but don't look at him as the final answer to whether a guru or mentor or what have you is a good guy or bad guy.

They will answer any questions you have and eliminate some of your anxiety questions.

My answer would have to be everything does.

Also, there are "wrap around" notes which are similar.I hope that this answers your question.

Typical answer right?

Jeremy,Here's the thing...On a forum like this, we are all looking out for eachother.When someone posts a deal, and then someone elseasks a question, and then the answer is "call me" whatthat means is that the rest of us can't hear the answerand so the rest of us can't give advice to the one who"calls you" to get more.We all want to hear, so if it sounds wrong we can helpthe person asking the question.

So many advantages to doing a LLC with a beneficiary as a land trust.I do not ave the answer you are looking for though.

If the right deal comes along, I will keep it, but but mostly I'm passing them on to other investors.To that end, if anyone would like to be added to my growing buyers list, just let me know.If I can answer any questions about investing I'll do my best, but I'm afraid I still have lots of learning to do as well.Good luck to all in your endeavors and lets all make money together.